Expert: Entry of Venezuela into Mercosur should be properly managed
Oil is pivotal to achieve integration within the bloc
During the international conference entitled "Venezuela into Mercosur," an event organized by the Venezuelan Council on Foreign Affairs (Covri) and the Higher Institute for International and Diplomatic Studies, the specialist remarked that Venezuela "cannot erect an isolating wall," because said integration is positive. Parcarelli also expressed the need for negotiating longer terms so as to allow the Venezuelan products to be competitive vis-à-vis the ones of other Mercosur member countries.
Meanwhile, Rafael Quirós, a petroleum consultant for the Central Bank of Venezuela and a professor at the UCV, said, "there is no other commodity as important as oil for bolstering and encouraging integration. Everything is related to oil, especially in a region where everything starts and ends in a barrel. "Oil is the main ingredient of integration."
Translated by Jhean Cabrera
A simple reason: there is oil galore, would suffice to explain Guyana's actions. Another explanation lies in the little or none efforts made by the Venezuelan government to thwart the move by the Guyanese. This is certainly not a new problem, but a problem only recently highlighted because oil is involved. But what other resources does the disputed area hold? For most of us it is a section on the map with black and white stripes on it, a depiction of something distant, alien, a nothingness not worth paying much attention to in geography classes back in elementary school.