Paraguay

Paraguay
Friday, November 1st 2013 - 21:17 UTC

Paraguayan congress should vote Venezuela's incorporation to Mercosur before December summit

Minister Loizaga said he was working with his Mercosur peers on the incorporation process

Foreign minister Eladio Loizaga revealed that the Paraguayan congress must first approve Venezuela's protocol of incorporation to Mercosur before the country can attend the coming bloc's summit scheduled for next 17 December in Caracas.

Wednesday, October 30th 2013 - 21:26 UTC

Cartes and Rousseff confirm Mercosur with inauguration of 500 KW power plant and transmission line

Rousseff said Paraguay is and continues to be a strategic ally of Brazil

Paraguayan president Horacio Cartes and his peer from Brazil Dilma Rousseff inaugurated on Tuesday a 500KW power plant and line from the Itaipú hydroelectric dam to the city of Asunción which should help end endemic blackouts and supply a new industrial park.

Wednesday, October 30th 2013 - 07:22 UTC

In a further step to normalize relations Paraguay names new ambassador to Venezuela

Enrique Jara will represent Paraguay in Caracas

Paraguay has named veteran diplomat Enrique Jara as new ambassador in Venezuela, giving a further step towards the full normalization of relations that had been interrupted since July 2012 when the two countries expelled their respective accredited staff.

Monday, October 28th 2013 - 20:30 UTC

Cartes and Rousseff to open vital supply power line for Paraguay's capital built with Mercosur funds

The almighty Itaipú dam will help end blackouts in Asunción with a new 500 KW transmission line

Brazilian president Dilma Rousseff will inaugurate on Tuesday in Paraguay next to his peer Horacio Cartes a high voltage transmission line from the world's largest operational hydroelectric dam Itaipú to metropolitan Asuncion, capital of the landlocked country and which was financed with Mercosur funds.

Saturday, October 26th 2013 - 04:59 UTC

Paraguay will lead Mercosur trade negotiations with the EU next December

Mujica made the announcement following the meeting with his peer Cartes

The Paraguayan foreign affairs ministry will represent Mercosur next December when the exchange of proposals with the European Union for a long pending free trade agreement, announced Uruguayan president Jose Mujica on Friday following private talks with his visiting peer from Paraguay, Horacio Cartes.

Saturday, October 26th 2013 - 00:39 UTC

Cartes pledges motivation and support for those who help create wealth and jobs

The president underlined the opportunities which the fastest growing economy in Latam has to offer.

President Horacio Cartes said on Friday he wanted “a reliable and serious Paraguay, full of self esteem” taking advantage of the good economic times and pledged motivation and support for all those who help generate wealth and jobs for the country. However he also admitted that Paraguay has serious failings, “but problems are challenges and opportunities”.

Saturday, October 26th 2013 - 00:25 UTC

Paraguayan president ratifies full political support for Mercosur

Cartes and Mujica sign the joint communiqué next to Foreign ministers Eloizaga and Almagro

President Horacio Cartes although admitting he is heart and mind committed to Mercosur, Paraguay's full return to Mercosur is in the hands of diplomacy since as head of state he must abide strictly by the rule of the law.

Tuesday, October 22nd 2013 - 16:34 UTC

Cartes and Mujica will address Mercosur and port facilities in Friday's meeting in Montevideo

The two leaders first met last August when Cartes inauguration

Paraguayan president Horacio Cartes will be visiting Uruguay next 25 October to meet with his peer Jose Mujica and a month later will be flying to the Vatican to visit Pope Francis, November 25, announced Foreign minister Eladio Loizaga.

Monday, October 21st 2013 - 05:30 UTC

Brazil confident Paraguay will be returning to Mercosur before the end of the year

Advisor Marco Aurelio Garcia: “we know the return is going to take place”

Brazil trusts Paraguay will fully return to Mercosur before the end of the year, said Brazil's Executive foreign policy advisor Marco Aurelio Garcia in a Sunday edition interview with the influential Folha de Sao Paulo.

Thursday, October 17th 2013 - 20:24 UTC

Paraguay’s economy roaring ahead is estimated to expand 13.6% this year

The country has recovered its main beef markets following a short FMD spell

Paraguay’s central bank increased the country’s growth estimate for 2013 from 13% to 13.6%, the highest for Latinamerica. Estimates have been on the increase since October last year, 9.5%; December, 10.5%; April 13% and now, 13.6% which compares to the 0.9% contraction of 2012, when drought and Foot and Mouth Disease hit Paraguay’s main export items, soybeans and beef.

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