Monday, April 11th 2011 - 19:42 UTC

EU agriculture ministers meet to address current trade talks with Mercosur

Irish farmers fear competition from Mercosur beef

European Union Agriculture ministers will be meeting this week in Luxembourg to discuss the current trade negotiations with Mercosur, according to European Commission sources.

Monday, April 4th 2011 - 07:02 UTC

Paraguay after partners to explore for oil in the vast Chaco region

Gonzalez Meyer, head of Paraguay’s government oil company

Paraguay’s government oil company Petropar is trying to find a foreign associate for oil exploration in the country’s vast Chaco region. Apparently companies from Russia and Bahrain have shown certain interest but Paraguayans admit the difficulties.

Monday, April 4th 2011 - 06:44 UTC

Paraguay’s 2010/11 soy bean crop could reach 8.4 million tons

In 2001, the area planted with soybeans in Paraguay was 1.350.000 hectares

Paraguay’s 2010/11 soy bean crop covers 2.830.000 hectares (twice the area ten years ago) and the expected yield is between 2.900 and 3.100 kilos per hectare according to the latest satellite pictures in hands of the Paraguayan Chamber of Grains and Oilseed Exporters, Capeco.
So far the record yield dates back to 2003 with a national average of 2.915 kilos.

Monday, April 4th 2011 - 02:11 UTC

Islamic extremists operating illegally in Triple Frontier area, says Brazilian magazine

Mohsen Rabbani, a former cultural attaché to the Iranian embassy in Buenos Aires

Islamic extremist groups such as Al Qaeda, Hezbollah and Hamas are illegally operating in the Triple Frontier area shared by Argentina, Paraguay and Brazil, where they allegedly gather large amounts of money, recruit new militants and plan additional attacks, Brazilian magazine Veja denounced.

Saturday, April 2nd 2011 - 06:51 UTC

Brazilian congress set to approve this week compensation for Paraguayan power

Special envoy Marco Aurelio Garcia

The Brazilian government is intent in increasing to 360 million US dollars annual payment for the surplus power from the world’s largest operational hydroelectric dam Itaipu, shared with Paraguay promised Marco Aurerlio Garcia President Dilma Rousseff international affairs advisor and special envoy.

Sunday, March 27th 2011 - 05:13 UTC

Paraguayan economy expands an all time record of 15.3% in 2010

The farming sector is crucial for the landlocked country’s economy

Boosted by agriculture Paraguay's economy grew an all time record of 15,3% in 2010, following on a 3.8% contraction in 2009, according to the latest release from the Central bank.

Friday, March 25th 2011 - 02:17 UTC

Academic seminar in Paraguay to celebrate 20 years of Mercosur

Paraguay’s Foreign Affairs minister Jorge Lara Castro

An academic seminar “20 years of Mercosur” will be the main celebration of the twentieth anniversary of the South American trade block, unable to convene political figures from the four full member countries to commemorate the 26 March 1991 founding charter or Asuncion Treaty.

Tuesday, March 22nd 2011 - 22:17 UTC

Brazilian president conditions pending visit to Paraguay

Foreign affairs advisor and trouble shooter Marco Aurelio Garcia will be in Asunción this week

President Dilma Rousseff will not be visiting Paraguay until the Brazilian Congress approves the Itaipú reversal notes which establish a greater compensation for surplus power purchased from Paraguay by Latin America’s energy hungry largest economy.

Tuesday, March 22nd 2011 - 19:46 UTC

Paraguay’s “sausage-making” foreign policy has a new minister, Lara Castro

Jorge Lara Castro said he is committed to improving decision-making in Mercosur

Paraguay has a new Foreign Affaire minister, Jorge Lara Castro who until now was Deputy to Hector Lacognata and who had presented his resignation three weeks ago.

Tuesday, March 22nd 2011 - 08:48 UTC

“Not even dressed as Father Christmas” will Chavez make it to Mercosur

Minister Hector Lacognata, favours pragmatism but is fed up with negativism

“Not even dressed as Father Christmas can president Hugo Chavez make Venezuela become a member of Mercosur”, according to a 2009 Wikileaks cable quoting Paraguay’s Foreign Affairs minister Hector Lacognata during an informal talk with US ambassador in Asuncion Liliana Ayalde.


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