Last July 29, Uruguay left the presidency of MERCOSUR and Venezuela decided to assume the chair, as it was next in line according to the semiannual rotation system by alphabetical order. However, Argentina, Brazil and Paraguay consider the Caribbean country unqualified to fill the vacancy, calling Venezuela’s democratic quality into question.
This report, made by the Public Affairs Area from Buenos Aires and São Paulo, analyzes the political and legal grounds explaining the crisis and its impact on the region.
Marco Antonio Sabino, Partner and Chairman of S/A LLORENTE & CUENCA
Pablo Abiad, Partner and Managing Director at LLORENTE & CUENCA Argentina