Paraguay’s incoming government foreign policy advisor Eladio Loizaga downplayed Mercosur veiled warning calling for a quick return of the country to the block because ‘Paraguay is landlocked and needs the Parana River and the River Plate to reach the sea’.
The European Union and ten Latinamerican countries signed an agreement on Thursday settling the longest running series of disputes in the history of the multilateral trading system, better known as the ‘banana dispute’.