Brazilian President Jair Bolsonaro said on Sunday that it could take up to three years for the free-trade deal agreed by the European Union and Mercosur to come into force, as it depends on approvals by lawmakers of all countries involved.
Argentina foiled an international gang dedicated to arms trafficking following raids in several provinces and eight months of committed criminal intelligence, according to Security minister Patricia Bullrich.
Argentina has opened an inquiry into what caused a massive blackout that left nearly 50 million people without power, Energy Minister Gustavo Lopetegui said on Monday.
The Organization of American States (OAS) and the Intergovernmental Coordinating Committee of the countries of the Plata Basin (CIC) signed an agreement on Monday for the project Preparing the ground for the Implementation of the Strategic Action Program for the La Plata Basin, during a ceremony at OAS headquarters in Washington, DC.
A massive blackout left tens of millions of people without electricity in Argentina, Uruguay, Paraguay and parts of Chile and southern Brazil on Sunday. The Argentine president called it an “unprecedented” failure in the countries' interconnected power grid.
The first bi-national Bolivia-Paraguay partnership scheduled for this week will result in at least twelve cooperation agreements between the two nations, announced Paraguayan Ambassador in La Paz Terumi Matsuo.
The presidents of Argentina and Brazil said on Thursday that an agreement is imminent on a free trade agreement between the European Union and Mercosur. Brazil's President Jair Bolsonaro and Argentina's Mauricio Macri expressed confidence that the deal would soon be signed as they met in Buenos Aires for talks.
The Government of Paraguay reported that approximately 40,000 people have been displaced since March as a consequence of the recent floods in the country.
US Secretary of State Mike Pompeo held talks on Saturday with Paraguay's President Mario Abdo Benitez as part of a four-nation tour of Latin American allies focusing heavily on Venezuela and countering China's economic reach.
Civil defense officials have reported that heavy rains in northeastern Brazil have killed at least three people and displaced 3,600, while apparently unrelated flooding far to the south in Paraguay has forced some 20,000 people from their homes.