According to officials, Uruguay and Paraguay would be allocated one or two stadiums each while Argentina could provide up to six venues.
Vazquez said: "If today it looks difficult to organize a World Cup, that's why there are three countries who are uniting to carry it forward.
"Think how difficult it would have been in 1930 to embark on the adventure of organizing the first World Cup and if it had been a bad experience, I don't know if we would be talking today about hosting it again."
He added that the commission would choose a logo for the candidacy within 15 days.
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