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.
Paraguay has made official its request to become an observer of the Pacific Alliance, (Colombia, Chile, Mexico and Peru), as part of its policy to strengthen relations with other countries that goes beyond Mercosur and has proven very successful for the exchange of experiences.
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 beef exports soared 54.94% in the first four months of the year compared to the same period in 2012. Shipments totalled 65.000 tons equivalent to 337 million dollars against 44.000 tons and 218 million dollars, according to official stats from the Animal Health and Quality Service (Senacsa).
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.
Latin American and Caribbean countries will grow on average 3.5% this year supported by a strong domestic demand and the improved performance of Argentina and Brazil compared with 2012, according to the latest “Updated economic review of Latin America and the Caribbean 2012’ from the UN Economic Commission for Latinamerica and the Caribbean, ECLAC.
South American football president Nicolas Leoz has resigned on Tuesday from FIFA powerful executive committee on health and personal grounds. Leoz was accused by the BBC Panorama program in November 2010 of taking bribes in the 1990s from the now defunct sports rights agency ISL.
By R. Viswanathan (*) - Horacio Cartes of the Colorado party won the presidential elections held last Sunday in Paraguay. The Colorados had ruled the country continuously for 61 years in a one-party dictatorship until 2008 when Fernando Lugo, the leftist “Bishop of the Poor” defeated the Colorado candidate and made history.
United States, Peru and Chile among others extended their congratulations to president-elect Horacio Cartes and to the Paraguayan people for the ‘extraordinary’ Election Day last Sunday and their significant turnout in such special circumstances.