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The 2003 South American Rugby Championship "B" was the fourth edition of the competition of the second level national Rugby Union teams in South America.
The tournament was played in Bogota, with four team participating.
Venezuela won for the first time the tournament, winning the direct match with Peru. Every team won at least one match. Brazil participate after lost, against Paraguay, the preliminary round for participating the 2003 "A" championship
Standings
Three point for victory, two for draw, and one for lost