
A key project to connect the ports of the Brazilian Atlantic with those of the Chilean Pacific, crossing Paraguayan territory is rapidly advancing.

Two-time former Uruguayan President Julio María Sanguinetti Tuesday praised Paraguayan President Santiago Peña's stance regarding the Southern Common Market (Mercosur), which would need a major overhaul. Paraguay, a major world food producer but landlocked, is a member of Mercosur along with Argentina, Brazil, and Uruguay.

The Falkland Islands Government and the British Embassies in Argentina, Chile, Paraguay and Uruguay are inviting university students to participate in the Regional Student Competition 2023 in the Falklands.

Economist Santiago Peña of the National Republican Assembly (ANR) also known as the Colorado Party is to be sworn in Tuesday as Paraguay's new head of state during a ceremony in Asunción which will be attended by several former and current Latin American leaders such as Argentina's Alberto Fernández; Brazil's Luiz Inácio Lula Da Silva and Uruguay's Luis Lacalle Pou, Chile's Gabriel Boric Font and Bolivia's Luis Arce Catacora.

Brazilian President Luiz Inácio Lula da Silva Monday visited former Paraguayan head of state Fernando Lugo while in Asunción for Santiago Peña's inauguration Tuesday.

By Julieta Heduvan (*) – Santiago Peña assumes Paraguay’s presidency this Tuesday August 15 with a number of advantages, including a supportive Congress. But he faces also numerous challenges, as he tries to unite his party, manage the influence of his political mentor—businessman and former President Horacio Cartes—and handle international negotiations, from the Itaipú accord to U.S. sanctions against Paraguayan politicians.

Paraguay President-elect Santiago Peña has said that Mercosur and the European Union should put on hold talks over a free trade agreement since the current environmental demands from the EU are “unacceptable.”

Brazil's Foreign Ministry Tuesday said Argentina charging tolls since the beginning of the year to barges sailing along the Paraguay-Paraná Waterway had affected other countries in the region and questioned the legality of the one-sided measure, Agência Brasil reported.

The Brazilian Association for the Development of Inland Navigation (Abani) requested the Brazilian Foreign Ministry takes steps after the Argentine decision to seize a vessel of a Brazilian company in Greater Rosario due to debts in the payment of tolls for using the Paraná River waterway, it was reported.

A delegation of lawmakers from the United States headed by Congressman Adam Smith (D) Sunday met in Asunción with Paraguay's President-elect Santiago Peña to discuss future bilateral relations, particularly on security and trade, it was reported. Peña's chosen Foreign Minister Rubén Ramírez Lezcano, who also took part in the discussions, spoke of a “very productive” encounter. Peña is to take office Aug. 15.