ESPACIO PUBLICITARIO
CARACAS, Thursday December 06, 2012 | Update
 
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MERCOSUR SUMMIT

Mercosur will be energy and farming superpower upon Venezuela's entry

Venezuela's inclusion agreement was signed on July 4, 2006

EL UNIVERSAL
Thursday December 06, 2012  02:51 PM
Upon Venezuela's inclusion, the Common Market of the South (Mercosur) will become an energy and farming superpower for a total Gross Domestic Product (GDP) of USD 3.3 trillion and a population of more than 275 million.

The Mercosur Summit of Heads of State and Government slated for Friday in Brasilia consolidates the debut of Venezuela as Mercosur full member and turns the regional trade bloc into a territory of 12.7 million square kilometers pooling 70% of the population in South America and 83% of the GDP region, according to official data of the bloc, AFP quoted.

Mercosur encompasses very unequal economies; the largest one is Brazil, with a GDP of USD 2.4 trillion, followed by Argentina, USD 447.6 billion, and Venezuela, USD 315.8 billion.

Following Venezuela's admittance, Mercosur will have the largest oil reserves in the world, 20% out of total global reserves, or more than 310 billion barrels certified by the Organization of Petroleum Exporting Countries (OPEC).
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Explaining impunity at the UN

When we look at the issue of human rights in Venezuela and the relevant reports submitted each year, a clear pattern emerges, namely, the impunity following the violation of rights such as freedom of expression, political rights, and the right to life and personal integrity, which has Venezuela consistently ranking among the lowest scorers in assessment indices.

 Ranking
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