key bloc mercosur suspends venezuela
Last Updated : GMT 06:49:16
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Last Updated : GMT 06:49:16
Arab Today, arab today

Key bloc Mercosur suspends Venezuela

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Arab Today, arab today Key bloc Mercosur suspends Venezuela

Venezuela
Rio de Janeiro - Arab Today

Key South American economic bloc Mercosur has suspended crisis-hit Venezuela for failing to meet democratic and trade standards, a government source in member country Brazil said Thursday.

Member countries Argentina, Brazil, Paraguay and Uruguay have informed Venezuela that its rights as a member "are suspended" since it has failed to incorporate key Mercosur accords into its national law.

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