Executive Branch announces substantive progress between Paraguay and Brazil on Itaipu tariff - .::Agencia IP::.

Asunción, Agencia IP.- In a significant development, executive authorities announced on Tuesday substantial progress in the ongoing negotiations between Paraguay and Brazil concerning the tariff for the electricity generated in the binational hydroelectric power plant Itaipu. The Foreign Affairs Minister indicated that to proceed with the agreement reached, all the protocols of the binational entity will be complied with, which implies a treatment within the scope of the board of directors and the council so that it is fully ratified and registered. Finally, the Minister of Economy and Finance, Carlos Fernández Valdovinos, indicated that «this is a first step» and that «the next one will be as important or even more, which is the negotiation of Annex C.» Looking ahead, Minister of Economy and Finance, Carlos Fernández Valdovinos, outlined the next steps in the negotiation process. ...[Leer más]