En Español



Very usefull links



PW
Bookstore





News links

AP

AFP

Aljazeera

Dow Jones

Oil price

Reuters

Bloomberg

Views and News
from
Norway

 

 

 

 

Lisandra Paraguassu -Mercosur trade bloc to evict Venezuela -source




BRASILIA
Petroleumworld 08 04
2017

South American trade bloc Mercosur will trigger its democratic clause this weekend to suspend Venezuela indefinitely and not allow it back until democracy is restored, a Brazilian government source said on Thursday.

The decision will be taken at a meeting of the foreign ministers of Argentina, Paraguay, Uruguay and Brazil in Sao Paulo on Saturday, said the official with knowledge of the negotiations.

Mercosur suspended Venezuela temporarily from the bloc in December for not complying with the bloc's regulations, but the deterioration of the political and human rights situation has led it to take a more definitive stance.

The bloc had planned to decide on applying the democratic clause at year-end, but brought the decision forward following Venezuela's controversial election of a constituent assembly on Sunday followed by the arrest of several opposition leaders by President Nicolas Maduro's government.

"The Venezuelan situation has become intolerable," Argentine Foreign Minister Jorge Faurie told reporters in Montevideo. "For Argentina, it is clear that we have reached a breaking point."

Argentina warned in July that Mercosur would permanently expel Venezuela if Maduro went ahead with the creation of a national assembly. Countries around the world have condemned the vote, calling it a bid to indefinitely extend Maduro's rule. His government has been accused of inflating turnout numbers.

Millions in Venezuela are suffering food shortages, soaring inflation and months of anti-government unrest, making it more unlikely that such a high turnout was obtained by the government.

More than 120 people have been killed in the protests, drawing international condemnation of the security forces' heavy-handed tactics.

Mercosur has no provision for expulsion, but activating the democratic clause adds to the international isolation of the Maduro government because Venezuela can only be readmitted after holding elections that the bloc members view to be democratic.



Story by Lisandra Paraguassu; Additional reporting by Malena Castaldi in Montevideo; Writing by Anthony Boadle; Editing by David Gregorio and Sandra Maler from Reuters.

reuters
.com
08 03 2017

We invite all our readers to share with us
their views and comments about this article.

Write to editor@petroleumworld.com

By using this link, you agree to allow PW
to publish your comments on our letters page.

Any question or suggestions,
please write to: editor@petroleumworld.com

Best Viewed with IE 5.01+ Windows NT 4.0, '95,
'98,ME,XP, Vista, Windows 7,8,10 +/ 800x600 pixels


Round 2.2 & 2.3
Results

 

 

 

 

 

 

 

 

TOP

Contact: editor@petroleumworld.com,

Editor & Publisher:Elio Ohep/
Contact Email: editor@petroleumworld.com

CopyRight © 1999-2016, Paul Ohep F. - All Rights Reserved. Legal Information

PW in Top 100 Energy Sites

CopyRight©1999-2017, Petroleumworld   / Elio Ohep - All rights reservedThis site is a public free site and it contains copyrighted material the use of which has not always been specifically authorized by the copyright owner.We are making such material available in our efforts to advance understanding of business, environmental, political, human rights, economic, democracy, scientific, and social justice issues, etc. We believe this constitutes a 'fair use' of any such copyrighted material as provided for in section 107 of the US Copyright Law. In accordance with Title 17 U.S.C. Section 107, the material on this site is distributed without profit to those who have chosen to view the included information for research, information, and educational purposes. For more information go to: http://www.law.cornell.edu/uscode/17/107.shtml. If you wish to use copyrighted material from this site for purposes of your own that go beyond 'fair use', you must obtain permission fromPetroleumworld or the copyright owner of the material.