The Union of South American Nations, Unasur, decided late Friday to lift the suspension pending on Paraguay, which will become effective next 15 August when president-elect Horacio Cartes takes office.
Paraguay and Mexico have made significant advances in reaching a trade agreement in the framework of the Latinamerican Integration Association, ALADI, according to Paraguayan diplomatic sources.
Paraguayan president Federico Franco replied to his Uruguayan peer Jose Mujica ironic remarks saying that ‘evidently he’s good at geography; I guess he passed with the highest grades’ since he is aware that Paraguay is a landlocked ‘Mediterranean’ country.
The Organization of American States (OAS) Secretary General, José Miguel Insulza, met with Paraguayan president Federico Franco at the start of his two-day official visit to Asunción.
The administration of President Cristina Fernandez rejected a request from Paraguay on the nuclear plant, and area of influence, Argentina plans to build in the neighbouring province of Formosa. The situation was exposed by Paraguayan lawmaker Olga Ferreira de Lopez who called the Argentine president a ‘perverse woman’.
Mercosur partners’ sanctions on Paraguay rather benefited than hindered the country, said President Federico Franco during a press conference in which he underlined the country had become more reliable and this was supported by a three fold increase in foreign investments.
President Federico Franco said Paraguay has long cancelled its debts for the construction of two huge shared hydroelectric dams with its powerful neighbours and demanded Argentina pay for the surplus energy it receives and compensation for flooding Paraguayan territory.
Paraguayan president elect Horacio Cartes transition team said that Venezuela should be present at the inauguration ceremony of the new head of state scheduled for 15 August, despite the ‘current circumstances’ of bilateral relations.
Paraguay made public in Geneva its support for Mexico’s candidate Herminio Blanco as the next Director General of the World Trade Organization. The other hopeful who reached the final round is from Brazil, Roberto Azevedo. On Tuesday it should be known who will succeed the current head Pascal Lamy as of next September.
In a surprise move Venezuelan president Nicolas Maduro talked on Tuesday to Paraguay’s president-elect Horacio Cartes to congratulate him on Sunday’s election and express interest in retaking the “rhythm of bilateral relations”, which were interrupted when the removal of Fernando Lugo.