Lula and Chavez Celebrate in Caracas Brazil Senate's Vote for Venezuela
Written by Newsroom
Friday, 30 October 2009
In a divided vote, Brazil's Senate foreign relations committee approved this Thursday, October 29, Venezuela's request to join Mercosur despite concerns over President Hugo Chavez's authoritarian style of government. The vote comes when Brazilian President Luiz Inácio Lula da Silva flies to Caracas to sign huge contracts for Brazilian corporations.
Following a heated debate the committee voted 12 to 5 in favor of Venezuela joining South America's main trade block started 18 years ago. The proposal must now go to the floor of Brazil's full Senate, and Paraguay's parliament must also approve before Venezuela can join.
At stake are tens of billions of dollars in trade and investment with the oil-rich nation and potentially affecting Venezuela's geopolitical ties to the region. Denying Venezuela membership could isolate Chavez from South America's major democracies and push him to deepen ties with distant allies such as Iran, Russia, and China, analysts summoned to the committee have repeatedly stated.
President Lula, who traveled to Caracas this Thursday, lobbied hard for Venezuela joining the group that is made up of Brazil, Argentina, Uruguay and Paraguay with Chile, Bolivia, Peru, Ecuador and Colombia as associate members.
More:
http://www.brazzilmag.com/content/view/11376/