Free Newsletters - Space - Defense - Environment - Energy - Solar - Nuclear
..
. Energy News .




TRADE WARS
Venezuela intent on freezing out Paraguay
by Staff Writers
Caracas, Venezuela (UPI) Jan 2, 2013


disclaimer: image is for illustration purposes only

Latin America's Mercosur trade bloc is facing renewed internal squabbles as plans for consolidation and expansion are clouded by the aftermath of last year's fractious admission of Venezuela as full member and suspension of founding member Paraguay.

In the latest twist to continued in-fighting Venezuela embraced more Mercosur instruments of multilateral collaboration but openly excluded Paraguay from the latest set of regional accords incorporating Caracas and founding members Argentina, Brazil and Uruguay.

Divisions within the organization have turned Mercosur into a shadow of its former self, with its long-awaited agreements with the European Union nowhere near final negotiation and quarrels over Paraguay's exclusion taking up most of the pact's conference time.

Paraguay was suspended from Mercosur when the country's senate impeached former president Fernando Lugo and installed his Vice President Federico Franco as the new president.

Mercosur called the change a constitutional coup and embarked on a campaign to deny Franco Latin American diplomatic recognition. Attempts to have Paraguay thrown out of the Organization of American States failed, however, and Paraguay also won EU support for its plans to hold democratic elections.

Mercosur's moves to discredit Franco have had little effect outside Mercosur but within the trade pact they have stripped Paraguay of most privileges as a founding member.

The diplomatic isolation has had the effect of closing most avenues of collaboration between Paraguay and its Mercosur members but hasn't prevented Paraguay from seeking trade partners elsewhere.

Despite evidence that the campaign against Paraguay is counterproductive, Mercosur plods on regardless, refusing to mend fences with Franco's administration.

In the latest exchanges, Venezuela announced its association accords will regularize the oil-rich country's trade with Argentina, Brazil and Uruguay. Venezuela's pronouncements made no mention of Paraguay.

"This is an event of great significance since these instruments contain the trade liberation programs and their evolution with partners Brazil, Argentina and Uruguay," the Venezuelan statement said.

In fact the accords will deepen divisions within Mercosur even though Mercosur's trade liberalization will benefit other trade partners Argentina, Brazil and Uruguay.

The Paraguayan row runs counter to the spirit of Mercosur's regional trade programs and also belies Mercosur's charter provision that all decisions must be unanimous. So far Mercosur has swept aside the objections, saying political expediencies take precedence over constitutional provisions.

Analysts say that by bending rules to accommodate Venezuela, Argentina, Brazil and Uruguay have set in store deeper problems within the organization in the coming months.

.


Related Links
Global Trade News






Comment on this article via your Facebook, Yahoo, AOL, Hotmail login.

Share this article via these popular social media networks
del.icio.usdel.icio.us DiggDigg RedditReddit GoogleGoogle




Memory Foam Mattress Review
Newsletters :: SpaceDaily :: SpaceWar :: TerraDaily :: Energy Daily
XML Feeds :: Space News :: Earth News :: War News :: Solar Energy News





TRADE WARS
Macau gambling revenue hits record $38 bn in 2012
Hong Kong (AFP) Jan 2, 2013
Macau's gambling revenue jumped 13.5 percent to a record $38 billion in 2012, official figures showed Wednesday, despite the pace of growth in the world's largest gaming hub slowing from a year earlier. Gaming revenue rose to 304.14 billion patacas from 267.87 billion patacas in 2011, according to statistics posted on the official Gaming Inspection and Coordination Bureau website. But th ... read more


TRADE WARS
Mortenson Renewable Energy Groups Wraps Up Record-Breaking Year

French power company head target of financial probe: source

Definition of sustainable organic biogas reached

Indian washermen spin out decades-old tradition

TRADE WARS
US salvage team boards grounded Alaska oil rig

Conservation Not Technology will be our Saviour Says Chris Martenson

Minister says Turkey will keep buying gas from Iran

Dominion To Develop Largest Fuel Cell Power Project In North America

TRADE WARS
NextEra Energy Resources commissions its 10,000th megawatt of wind energy

Largest Kansas wind farm set to go online

British offshore wind farm near completion

China's wind towers face U.S. tariffs

TRADE WARS
AE-AMD Renewable Energy And Tenesol Begin Work On Two Solar Projects In South Africa

Yingli Green Energy Powers Tibetan Families with off-grid PV Systems

Yingli Green Energy's Multicrystalline PV Module Passes TUV SUD's PID Test

First CIGS Solar Cells from the CIGS Facility of Solliance Show 13.85% Efficiency

TRADE WARS
Turkey says will decide soon on nuclear plant contract

Fireproofing inadequate at Japan nuclear reactors

S. Korea restarts troubled nuclear reactor

Active fault may close Japan nuclear plant

TRADE WARS
Boosting Galactan Sugars Could Boost Biofuel Production

Discovery May Pave Way to Genetically Enhanced Biofuel Crops

NC State Study Offers Insight Into Converting Wood to Bio-Oil

Can Algae-Derived Oils Support Large-Scale, Low-Cost Biofuels Production?

TRADE WARS
Mr Xi in Space

China plans manned space launch in 2013: state media

China to launch manned spacecraft

Tiangong 1 Parked And Waiting As Shenzhou 10 Mission Prep Continues

TRADE WARS
Iraq calls for Arab action on climate change

Geo-engineering against climate change

Dry spell projected for southwest US

Action by 2020 key for limiting climate change




The content herein, unless otherwise known to be public domain, are Copyright 1995-2014 - Space Media Network. AFP, UPI and IANS news wire stories are copyright Agence France-Presse, United Press International and Indo-Asia News Service. ESA Portal Reports are copyright European Space Agency. All NASA sourced material is public domain. Additional copyrights may apply in whole or part to other bona fide parties. Advertising does not imply endorsement,agreement or approval of any opinions, statements or information provided by Space Media Network on any Web page published or hosted by Space Media Network. Privacy Statement