Brazilian congress set to approve this week compensation for Paraguayan power

Saturday, April 2nd 2011 - 06:51 UTC

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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. Read full article

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GeoffWard
‘“This updating is not only economic, the same way the Itaipú project is not only economic, because if economic reasons were only taken into account Brazil would have built the Itiapú dam on its own”, said Garcia. “Itaipú is a geopolitical issue, and today Itaipú’s geopolitical significance is not authoritarian, as it was decades ago when the dam was built” he said, referring to the military dictatorships that ruled Brazil from 1964 to 1985.’ (Mercopress, above)

Undoubtably true, and though the $360million could be put to good use in Brasil, it can be put to equally good use in Paraguay, Brasil’s Mercosur partner.

Once such protocols of partnership are fixed in the modus operandi of Mercosur we can begin to move these four countries along in some sort of harmony. This good practice could serve as an example to Argentina in its dealings with Uruguay.

I have high hopes for Mercosur – it just needs four nations to start thinking of themselves as a group and acting as such, rather than as four rats in a sack.
Apr 02nd, 2011 - 01:57 pm - Link - Report abuse 0
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