Presidents Santiago Peña and Luiz Inácio Lula Da Silva met on Monday in Brasilia to officially commence bilateral negotiations regarding Annex C of the Itaipu Binacional, as well as the establishment of the electrical tariff for this year. They announced a forthcoming meeting in the Paraguayan capital.
Asunción, Agencia IP.- Presidents Santiago Peña and Luiz Inácio Lula Da Silva met on Monday in Brasilia to officially commence bilateral negotiations regarding Annex C of the Itaipu Binacional, as well as the establishment of the electrical tariff for this year. They announced a forthcoming meeting in the Paraguayan capital.
The meeting addressed «many issues,» as stated by the Paraguayan President, with a primary focus on the Itaipu Binacional hydroelectric plant.
«Brazil is Paraguay’s biggest partner,» said Peña, acknowledging that his Government is ambitious about what collaborative efforts with Brazil can achieve in terms of development for both nations.
During the joint press conference following the meeting, both Presidents highlighted the historic event from August of the previous year when the debt incurred for constructing the binational Itaipu hydroelectric plant on the Paraná River was fully paid off after 50 years.
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