Paraguay’s economy is forecasted to contract 1.5% in 2012 but in 2013 will soar 9.5% based on a “super soybean crop” and the recovery of other sectors, according to the latest report from the country’s Central bank confirming its previous 2012 GDP estimate.
President Federio Franco said he trusted Paraguay would be fully re-incorporated to Mercosur before the general election scheduled for 21 April 2013. Paraguay is currently suspended from the trade block following the removal of Fernando Lugo as president, a decision voted almost unanimously by the country’s Senate but condemned by Mercosur and Unasur.
Brazilian Foreign minister Antonio Patriota said on Friday that Paraguay could resume membership of Mercosur and Unasur without the need to wait for presidential elections next April 2013 as long as “full compliance with democracy” can be verified.
Paraguay deplored statements from Uruguayan Foreign Minister Luis Almagro who claimed before the United Nations General Assembly in New York that the landlocked country had interrupted ‘democratic order’ when it removed Fernando Lugo from the Executive.
On what he described as the “first and last time” he will address the United Nations General Assembly, the President of Paraguay, Federico Franco, affirmed that his country will not abide by any infringement on its sovereignty.
Paraguayan president Federico Franco accused the Venezuelan regime of Hugo Chavez of ‘direct and malicious’ involvement in his country’s affairs in support of a ‘terrorist and criminal’ gang, the Popular Army of Paraguay, EPP, which has committed kidnappings, assaults and killings.
Mercosur is losing credibility before European countries following the recent suspension of Paraguay from the group and the later incorporation of Venezuela as full member said Paraguayan president Federico Franco who on Tuesday met with Spanish Prime Minister Mariano Rajoy.
Paraguayan president Federico Franco and Spain’s Mariano Rajoy are scheduled to meet on Tuesday at the United Nations building to talk about bilateral issues and the coming Ibero-American summit in Cadiz, next November 16/17 which has become a highly controversial issue.
Paraguay plans to publicly denounce before the United Nations General Assembly that Venezuela’s incorporation to Mercosur is illegal and so is the temporary suspension imposed on the country by the trade block, anticipated President Federico Franco.
Paraguayan president Federico Franco explained to UN Secretary General Ban Ki-moon the current political situation of the country which emerged from the impeachment by the Senate of Fernando Lugo and his removal from the Executive office by an overwhelming majority, decision the ousted leader had accepted.