On Thursday, reports emerged that Venezuela was likely to be suspended from the Mercosur due to its failure to fulfill economic, human rights and immigration requirements.
A source in the Paraguayan Foreign Ministry told Sputnik that the final decision on Venezuela’s membership in the bloc would be announced on Friday.
"It will create a dangerous precedent, should Venezuela be excluded from the process of integration of our peoples," Jabour said.
According to Jabour, the stability of the bloc would be endangered if Mercosur adhered to the policy of excluding countries from the organization due to violation of its agreements.
He stressed that no country in the whole bloc was fully abiding the established rules, calling attempts to exclude Venezuela from Mercosur "an international crime," aimed at diminishing role of regional organizations.
"Since joining the bloc in 2012, Venezuela made significant proportional changes in order to comply with [Mercosur] rules," Jabour said.
Earlier this year, Venezuelan President Nicolas Maduro accused Argentina, Brazil and Paraguay of uniting against Caracas on the Mercosur presidency transfer issue.
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.