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Weekly Report - 10 August 2017 (WR-17-31)

REGION: Mercosur gets off the fence over Venezuela

The founding members of the Southern Common Market (Mercosur) have decided to apply the bloc’s democratic clause on Venezuela and extend its existing suspension for failing to meet the requisite economic obligations for member states until democratic order is fully restored the country. The move comes after Mercosur’s founding members (Argentina, Brazil, Paraguay, and Uruguay) closed ranks to reject the decision by the Venezuelan government led by President Nicolás Maduro to go ahead with the installation of its constituent assembly to draft a new constitution in the face of domestic political and international condemnation of its illegitimacy. But while the decision by Mercosur’s founding members is a significant show of unity among these governments, the move against Venezuela has produced divisions at home.

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