Venezuela Does Not Comply with Mercosur Rules

Three years after joining Mercosur, Venezuela still has not met most of its obligations and accession commitments. The apparent reluctance to adapt to common standards strengthens the view that Caracas has always bet more on the South American bloc as a political platform than as an area of free movement of goods, services and people. Venezuela's Treaty of Accession, which faced resistance and had Brazil as guarantor, has set August 2016 as deadline to meet all the requirements. However, people involved in the process say that is unlike to happen in time. More…