Paraguay

• Thursday, June 13th 2013 - 23:49 UTC

  Paraguay and Mexico advancing towards an economic complementation accord

  

  Technical groups from Paraguay and Mexico advanced on Wednesday talks for the creation of an Economic complementation Accord in the framework of the Latam Integration Association, ALADI, which is considered the “step previous to a full free trade treaty”, reported from Asuncion Paraguay’s foreign ministry.

• Thursday, June 13th 2013 - 21:56 UTC

  Mercosur July 12 summit in Montevideo will confirm return of suspended Paraguay

  

  The next Mercosur summit scheduled for the end of June in Montevideo has been delayed until 12 July, announced Uruguayan Foreign minister Luis Almagro. The new date was agreed by Argentina, Brazil, Uruguay and Venezuela earlier this week.

• Monday, June 10th 2013 - 14:02 UTC

  Paraguay soy exports reach 1.55bn dollars in first five months of 2013

  

  Soybeans, electricity and beef figure as the main export items of landlocked Paraguay, during the first five months of the year. According to a release from the Ministry of Industry and Trade, exports at the end of May reached 4,12bn dollars compared to 2.96bn a year ago, which represents a 57.3% increase.

• Friday, June 7th 2013 - 08:08 UTC

  Paraguay was chosen to host OAS general assembly next year

  

  Paraguay will host the next Organization of American States, OAS, General Assembly scheduled for June 3 to 5 of 2014 in Asuncion. The decision by acclamation was taken on Thursday at the end of this year’s event in Guatemala.

• Wednesday, June 5th 2013 - 17:49 UTC

  Uruguay ‘can’t ignore (Mercosur) reality’ and is applying for full Pacific Alliance membership

  

  Vice-president and acting president Danilo Astori strongly defended the Uruguayan government’s intention of joining the Pacific Alliance, next to Chile, Colombia, Peru and Mexico, claiming that Mercosur has fallen into a state of ‘inactivity’ but also rejected point blank statements from Brazilian diplomacy contrary to such a move.

• Tuesday, June 4th 2013 - 08:27 UTC

  Paraguayan inflation 0.2% in five months; economy poised to expand 13%

  

  Consumer prices in Paraguay dropped 0.3% during May which brings the accumulated five month inflation to 0.2%, reported the Central bank. The percentage is considerably lower than May a year ago when it reached 0.4% and had accumulated 3.2%. Twelve month inflation in May reached 0.9% which compares favourably with the 3.8% of a year ago

• Saturday, June 1st 2013 - 19:06 UTC

  Mercosur plan to delay summit and give time to Paraguay to return with full rights

  

  Paraguay is considering the announcement made by Uruguayan president Jose Mujica who suggested delaying the coming Mercosur summit in Montevideo scheduled for the end of June, ‘to wait and give time for Paraguay’ (currently suspended) to return to the block.

• Tuesday, May 28th 2013 - 00:11 UTC

  Paraguay has received no invitation for the Mercosur June summit

  

  Paraguayan Foreign minister Jose Fernandez Estigarribia said on Monday that so far Asuncion has not received any invitation from Mercosur to attend the coming summit at the end of June, and there haven’t been any talks about the issue. Last week the Argentine ambassador in Uruguay Dante Dovena had anticipated that Paraguay would be attending the Mercosur summit.

• Monday, May 27th 2013 - 01:49 UTC

  Paraguay demands respect from Mercosur, “if not leave us as we are”

  

  The Argentine ambassador to Uruguay, Dante Dovena, assured that authorities are “working intensely” in preparations for the next Mercosur summit scheduled to take place on June 28th in Montevideo. However news form Paraguay doesn’t indicate the same optimism and are demanding respect for ‘the country’s dignity and rule of the law”.

• Wednesday, May 15th 2013 - 21:59 UTC

  Paraguay on Independence Day blasts Argentina and Brazil over “power resource exploitation”

  

  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.