MOSCOW (Sputnik) — Venezuela was officially notified of having its membership in Mercosur Latin American regional economic bloc suspended, the foreign ministry of Paraguay said Friday.
"Venezuela has been notified of having lost the rights granted by the status of a Mercosur member state," the Paraguayan ministry said in its Twitter.
Mercosur presidency for this half of the year was supposed to be transferred to Venezuela. However, there have been concerns over growing discord in Venezuela amid a political standoff between Maduro and the opposition-dominated parliament.
Argentina, Brazil, Paraguay and Uruguay eventually decided to temporarily share the presidency of the bloc.