Amorim: "Brazilian Congress to approve admission of Venezuela to Mercosur"

Economy Brazil's Foreign Minister Celso Amorim considers that "it is possible and desirable" that the Brazilian Congress will approve Venezuela's admission to the Market of the South (Mercosur), the regional trade agreement among Argentina, Brazil, Paraguay and Uruguay. Amorim thinks that the entry of Venezuela into Mercosur would be approved after the upcoming municipal elections in Brazil.

"I consider that the admission of Venezuela is very difficult at this moment, because we are on the eve of an election throughout the country," said Amorim in an interview published on Monday in Argentinean newspaper Clarín, EFE reported.

"However, I think that the Brazilian Congress will make a positive decision after the elections in November. It is possible and desirable," Amorim added.

Quick Access to:

On the Cover

Worsening chronic poverty in Venezuelan households

11:00 AM. Economy. Based on the official data, more and more families failed to get out of poverty in 2008; the exclusion status of more people moved faster and fewer people are on their way to overcome this situation. According to the data provided by the official National Statistics Institute (INE), last year the poorest homes in the country recorded an average monthly income of USD 401.82, whereas the food basket amounted to 417.77

US Ambassador: There are several issues to be discussed with Venezuela

More attacks against free media in Venezuela