Paraguay

Paraguay
Saturday, February 8th 2014 - 06:35 UTC

Mercosur interested in trade integration with members of the Pacific Alliance, says Brazil

Figuereido: “We have full interest in cooperating and trading with the Pacific Alliance” countries.

Mercosur pretends to increase its trade integration with members from the Pacific Alliance, said Brazilian foreign minister Luiz Alberto Figuereido. The top official made the statement this week before the Brazilian Senate foreign affairs committee.

Monday, February 3rd 2014 - 19:34 UTC

Mercosur still waiting to agree on a date for the much delayed summit

 Minister Loizaga hopes the summit will take place 'very soon'

Mercosur through its pro-tempore presidency under Venezuela is involved in a round of contacts to agree on the group's much delayed XLVI summit which has been postponed because of problems with 'presidents' agenda', revealed Paraguayan foreign minister Eladio Loizaga.

Friday, January 17th 2014 - 06:22 UTC

Mercosur summit suspended for the third time: mid February could be next date

Loizaga making the announcement in Asunción

Mercosur president’s summit was suspended on Thursday for the third time, due to agenda incompatibilities, Paraguay’s Foreign Minister Eladio Loizaga confirmed in Asunción. Earlier in the day, Loizaga met with Brazilian Foreign minister Luiz Alberto Figuereido. The meeting was going to take place in Caracas, on January 31.

Tuesday, January 14th 2014 - 07:32 UTC

Mercosur and EU to exchange tariff reduction proposals in early February

Paraguayan foreign minister Loizaga made the announcement

Paraguay's Foreign minister Eladio Loizaga said on Monday that at the latest in early February Mercosur and the European Union would be exchanging their tariff reduction proposals for the much delayed free trade agreement. The deadline originally was December but it was delayed on request from Brussels.

Monday, January 13th 2014 - 07:09 UTC

Paraguay plans to climb from eighth to world's fifth exporter of beef by 2018

Livestock industry is one of the country's main industries.

One of Paraguay's priorities is to make the country the world's fifth exporter of beef by 2018, according to Industry and Trade minister Gustavo Leite. The land locked member of Mercosur currently holds the eighth position.

Thursday, December 26th 2013 - 07:43 UTC

Trickle-down economics in one of South America’s poorest countries, Paraguay

 Horacio Cartes plays his cards and is nobody's puppet

The Economist has dedicated an article to the recently inaugurated Paraguayan president Horacio Cartes, and his attempts to improve the living conditions of the majority of a population which is poor in a country rich in agriculture and energy.

Wednesday, December 18th 2013 - 06:29 UTC

Paraguay set to approve Venezuela Mercosur membership this Wednesday, ending 18-month rift

The full Lower House will vote the protocol and decide dropping the persona non grata pending on President Maduro

Paraguay is waiting for the formality of a Wednesday vote in the Lower House floor to acknowledge the controversial incorporation of Venezuela as full member of Mercosur, putting an end to an 18 months political and diplomatic rift in the block. The Deputies' Constitution Affairs and Foreign Affairs committees on Tuesday afternoon approved Venezuela's Mercosur incorporation protocol, which means all is ready for the full house expected positive vote.

Wednesday, December 11th 2013 - 06:23 UTC

Paraguayan Senate accepts Venezuela as full member of Mercosur; praise from Brazil

“This will help strengthen Mercosur” said Eduardo dos Santos from Brazil's foreign ministry and a former ambassador in Asunción

The Paraguayan Senate finally passed on Tuesday afternoon, with a large majority a protocol for including Venezuela as full member of Mercosur. The protocol, which was submitted to Congress by President Horacio Cartes, was supported 29-10.

Tuesday, November 26th 2013 - 20:27 UTC

EU/US/UK ambassadors openly support Paraguayan prosecutors investigating corruption and abuse in Congress

Senator Bogado at the heart of a corruption case discovered in Congress but saved by his peers

The United States, European Union and UK ambassadors in Asuncion openly expressed their support for Paraguay prosecutors that have been threatened by members of Congress because they insist in investigating lawmakers that are allegedly involved in corruption cases.

Tuesday, November 26th 2013 - 19:35 UTC

Brazilian leading daily calls for a review of Mercosur, which 'is not working'

Argentine president Cristina Fernandez is achieving the feat of impeding the development of its Mercosur partners

Brazil's influential daily O'Globo called for a drastic change in the country's approach to trade policy arguing that “without a review, Mercosur does not work” and reveals that the latest signals from Argentina are that it is reluctant to reach a free trade and cooperation agreement in the framework of Mercosur with the European Union.

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