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MERCOSUR Summit Exposes Bloc's Limitations

LADB Article ID: 50779
Category/Department: Region
Date: 2009-08-07
By: LADB Staff

"If they ask us, not only me but also the other presidents, what stage of development the Southern Cone Common Market (MERCOSUR) is at, what steps we have taken in this indispensible regional-integration process, I believe that today we would all be as frank as I will be. MERCOSUR? It's here, it's going, developing very slowly to accommodate the interests and the timing of the countries with smaller economies, the urgencies of societies that, since the project got off the ground 18 years ago, hoped for a great leap forward allowing us to say there's where we're headed, against winds and floods, overcoming challenges and setbacks, beginning to enjoy the benefits that should come from a fully functioning common market." The frankness of Uruguayan President Tabare Vazquez, MERCOSUR president pro tem for the next six months, encountered no contradictions when he summed up, on July 25, in Asuncion, Paraguay, the significance of the recently completed XXXVII Summit of MERCOSUR.

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