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A Critical / Progressive Look @ Regional Integration

RegionsWatch was set up in February 2004 to "monitor work of regional organisations; raise awareness of other regionalisms; provide constructive & progressive critiques of global regional integration initiatives". This blog will seek to continue the work that was being done in RegionsWatch's Observatory

Wednesday, January 11, 2006

Finally, Venezuela becomes sixth member of MERCOSUR

You can also read this full article on http://regionswatch.blogspot.com

 

Press Release

Source: Industrialinfo.com

Venezuela Enters Mercosur as a Permanent Member, an Industrialinfo.com News Alert
Monday January 9, 11:55 am ET

CORDOBA, Argentina--(BUSINESS WIRE)--Jan. 9, 2006--Researched by Industrialinfo.com (Industrial Information Resources, Incorporated; Houston, Texas). Venezuela has joined Mercosur, a free trade zone commonly known as the Southern Common Market. The entry of the world's fifth largest oil exporter to Mercosur will add South America's sixth largest economy to the group originally comprised of Argentina, Brazil, Paraguay and Uruguay. Venezuela will be an ordinary member, technically defined as "Estado Parte," meaning that, for now, it will have a voice but no vote.

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