Venezuela formally adopted from Wednesday the norms, governing customs and tariffs, within the Mercosur bloc.
The news was announced in the government's official gazette, meaning Venezuela will join all the other members (Argentina, Brazil, Paraguay, Uruguay) in following these norms.
This means all goods traded across Mercosur are governed by the customs rules established in the Asuncion Treaty in 1991.Read more
The Venezuelan government announced Friday that it is ready to hand over the rotating presidency of the Mercosur bloc to Argentina from Jan. 1, after holding the position for the past six months in tension with some of other member nations.
Foreign Affairs Minister Delcy Rodriguez wrote on Twitter that the handover would proceed as planned, with Mercosur rotating betweenRead more