SNAPSHOTS

Dec. 2: Mercosur Suspends Venezuela's Membership

Dec 2, 2016 | 15:29 GMT

Venezuela Unravels (DISPLAY)

(Stratfor)

The foreign ministers of Argentina, Brazil, Paraguay and Uruguay agreed to suspend Venezuela's membership in Mercosur on Dec. 1 and will notify Caracas of the decision Dec. 2. Mercosur member countries said that Venezuela does not comply with a sufficient number of the bloc's rules on trade and human rights. Caracas complies with only 16 of the 57 Mercosur agreements it signed. Venezuelan Foreign Minister Delcy Rodriguez, however, has rejected the decision and calls it an aggression against Caracas....

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