
Brazil conditions the immediate return of Paraguay to Mercosur to the approval, by the new congress, of Venezuela’s full incorporation to the trade block, according to the influential Folha de Sao Paulo quoting foreign ministry reliable sources.

In his victory speech Paraguay president-elect Horacio Cartes said he expects to win the confidence of all the Paraguayan population and called on the opposition to work for the good of the nation. He also had a direct reference to the neighbouring giant saying he wanted to work with Brazil, a ‘brother-country’.

President-elect Horacio Cartes is one of Paraguay's wealthiest men with businesses in tobacco, finance, farming, retail and the soft drinks industry among others. Brash and ambitious, Cartes had never voted before joining the conservative Colorado Party in 2009.

Argentine president Cristina Fernandez congratulated Paraguayan president-elect Horacio Cartes for his ample victory in Sunday’s election and said Mercosur was waiting for the return of the country to the trade block.

Millionaire businessman Horacio Cartes won Paraguay's Sunday presidential election, returning the powerful centre-right Colorado Party to power after a brief spell started in 2008 ended in impeachment last year. Cartes won with a 9 or 10 percentage point lead over Efrain Alegre of the ruling Liberal Party, the head of the country's electoral tribunal said.

“We’re optimistic about Sunday’s election and the future of Paraguay if we can agree on long term state policies, but something is for certain: democracy in Paraguay is here to stay” said Ricardo Caballero Aquino, Chargé d’affaires of the Paraguayan embassy in Montevideo who was also positive about future relations with Unasur and Mercosur.

Paraguay will be electing a new president on Sunday and its re-incorporation to the Union of South American Nations, Unasur could happen under the new government anticipated Salomon Lerner, chief observer of the regional group.

On Thursday evening all of Paraguayan presidential candidates will be holding their final rallies after which begins a 48-hour ban of all electoral activities ahead of Sunday’s general election. Two candidates outstand in the dispute, Horacio Cartes from the Colorado party and Efrain Alegre from the ruling coalition headed by the Liberals.

Paraguay’s president Federico Franco has arrived in Madrid, a special guest of his peer Mariano Rajoy with whom he will be holding talks at the Moncloa Palace. Rajoy is particularly interested in showing his support for President Franco and Paraguay that have been suspended from Mercosur and Unasur because of the removal by Congress, following political impeachment of Fernando Lugo.

Paraguay businessman Horacio Cartes a newcomer to politics and the presidential candidate for the conservative Colorado party that ruled the landlocked country for decades leads public opinion polls less than a month ahead of the general election.