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2017.07.2319:21:00UTC+00MERCOSUR: Bloc Analyzes Trade Agreements And Venezuela In Summit

Argentina's president Mauricio Macri hosted the closing ceremony of the Summit of Heads of State of Mercosur and Associated States which began yesterday in Mendoza. It is the last summit presided by Argentina before transferring the presidency pro-tempore to Brazil.

In his speech, Macri said that in the 21st century "Mercosur is the central space we have to strengthen economic relations between us and the world." He also recalled that next year would be held for the first time a G-20 summit in South America, in which "we will focus on a problem that concerns us all: employment."

Leaders will analyze the bloc's trade agenda, focusing on the future free trade agreement with the European Union and the strengthening of internal exchanges.

Leaders are also expected to address the severe political, economic and social crisis in Venezuela, suspended from the bloc in December 2016 for failing to comply with regulations.

Attending the meeting are the presidents of the four permanent members: Macri (Argentina), Michel Temer (Brazil), Tabar? V?zquez (Uruguay) and Horacio Cartes (Paraguay). Chilean President Michelle Bachelet and Bolivia's Evo Morales attends as leaders of "associated states." Representatives of Peru, Ecuador, Colombia, Guyana, and Suriname, as well as Mexico, take part as "observer states."

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