The presidency of the Paraguayan delegation at the Mercosur Parliament, Parlasur called on Argentina to improve the ‘reduced’ price it currently pays for surplus power from the shared hydroelectric dam of Yacyretá.
Paraguay's opposition-controlled Congress rejected a constitutional reform that would have let President Fernando Lugo run for re-election. The reform drive, led by Lugo's supporters, proved controversial in a country where many people have painful memories of General Alfredo Stroessner's 35-year dictatorship.
The sale of power from landlocked Paraguay to Uruguay continues to be delayed because Argentina has come up with more demands before it allows transmission through its grid, according to Paraguayan officials.
Argentina is delaying the sale of Paraguayan power to the Uruguayan market (which must cross Argentine territory) for reasons ‘as least publicly’ unknown for both sides interested in the deal, according to the Uruguayan and Paraguayan press.
Mercosur structural convergence fund, Focem, which was created in 2005, has distributed 1.1 billion US dollars among its full members for the implementation of 37 projects basically to improve roads for inter-region and international trade, according to official figures released in Asunción.
Foreign Affairs minister Hector Timerman in Asuncion for the Mercosur summit promised on Tuesday Argentina will put an end to fluvial obstacles to Paraguayan trade. Landlocked Paraguay trades with the rest of the world through the Parana River, most of which crosses Argentine territory.
Japan is attending the Mercosur summit in Paraguay with an eye on proposing the launch of a dialogue to boost bilateral economic relations and explore the possibility of signing a free trade agreement, reports the Japanese news agency Kyodo.
The Mercosur summit will be an opportunity to solve asymmetry problems and social inequalities in the region, said Paraguay’ Foreign Affairs minister Jorge Lara Castro. The South American customs union is meeting this week in Asuncion for the first of two annual summits when the rotating chair will be passed on to Uruguay.
Mercosur summits have become a display of empty rhetoric, full of protocol and ‘family photos’ but with no full hearted willingness to achieve a solid, fair integration, claimed the head of the Paraguayan delegation before Parlasur, the Mercosur Parliament.
Presidents from Brazil, Argentina, Uruguay and Ecuador have confirmed they will be attending the Mercosur summit in Paraguay next June 28/29, when the rotating chair of the group for the next six months will pass on to Uruguay.