In a joint statement, the foreign ministers of Argentina, Brazil, Paraguay and Uruguay announced Venezuela was suspended from the group after accusations that the leftist government in Caracas failed to meet democratic and trade standards. "Venezuela does not recognise this null and void action sustained by the law of the jungle of some officials who are destroying Mercosur," Foreign Minister Delcy Rodriguez said on her Twitter account. BRASILIA, (Reuters) – Venezuela will be suspended from the Mercosur regional trade bloc as early as Friday for failing to meet membership requirements, a Brazilian official said, in the latest blow to the oil-producing country during a deep political and economic crisis. Foreign Minister Delcy Rodriguez on Thursday said via Twitter that Venezuela had called on member countries to activate a mechanism for “resolutions of conflicts,” tweeting a complaint letter sent to Mercosur foreign ministers.
Mercosur suspends Venezuela from the South American trading bloc for failing to meet membership requirements on trade and human rights.