With Mercosur Ties Still Frayed, Paraguay Explores Pacific Alliance Options

With Mercosur Ties Still Frayed, Paraguay Explores Pacific Alliance Options

The August 2013 inauguration of new Paraguayan President Horacio Cartes provides a compelling opportunity to close the rift that opened among Mercosur members in 2012 in the aftermath of former Paraguayan President Fernando Lugo’s impeachment. The trade group suspended Paraguay at the time, and with Asuncion thus sidelined, the group then approved Venezuela’s accession, despite the Paraguayan legislature’s long-standing objections to Venezuelan membership. Brazil is now leading the charge to reintegrate Asuncion while keeping Caracas in the fold—and healing relations between the two. Nonetheless, despite Brazil’s well-earned reputation for diplomatic effectiveness, it won’t be an easy task. As a founding […]

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