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.
The Brazilian congress approved this week a bill which enables the opening of free shops or tax free shops, along border towns currently suffering from the massive inflow of imported goods purchased at international prices in such stores in Uruguay, Argentina and Paraguay.
A fierce storm packing 140-kilometer an hour winds tore across the heart of South America on Wednesday, killing five people in Paraguay and wreaking havoc in Argentina and Uruguay.
Spain has not invited Paraguay to the Ibero-American summit in Cadiz scheduled for next November confirmed Paraguayan Foreign minister Jose Felix Fernandez Estigarribia, who also admitted that the number of countries ‘disgusted’ with the new administration of President Federico Franco has diminished considerably.
President Federico Franco and the head of the Spanish government Mariano Rajoy will address the participation of Paraguay in the coming Ibero-American summit scheduled for November in Cadiz, taking advantage of their presence in New York next week for the UN General Assembly.
A top Spanish official made a low profile and unexpected visit to Paraguay last week with the purpose of trying to convince the administration of president Federico Franco to remain absent from the coming Ibero-American summit scheduled for November since Madrid fears his presence could turn the event into a failure.
Paraguay is considering demanding “moral and economic” compensation from Argentina, Brazil and Uruguay for having been suspended from Mercosur as full member and at the same reiterated its rejection to Venezuela’s admission, according to the country Foreign Ministry.
Brazil rolled out additional stimulus measures to bolster its sluggish economy on Thursday, extending tax breaks to more than two dozen industries and reducing the cost of acquiring capital goods in a bid to help struggling local businesses.