"We are seeking the maximum benefit for Paraguayans," says Peña regarding negotiations with Brazil - .::Agencia IP::.

"We are seeking the maximum benefit for Paraguayans," says Peña regarding negotiations with Brazil - .::Agencia IP::.

The President of the Republic, Santiago Peña, positively assessed the meeting he had yesterday with his Brazilian counterpart, Luiz Inácio Lula da Silva, and expressed enthusiasm for the progress of negotiations on the modification of Annex C of Itaipu and the definition of the electrical tariff.

Asunción, Agencia IP.- The President of the Republic, Santiago Peña, positively assessed the meeting he had yesterday with his Brazilian counterpart, Luiz Inácio Lula da Silva, and expressed enthusiasm for the progress of negotiations on the modification of Annex C of Itaipu and the definition of the electrical tariff.

«We have a firm stance, and we will continue working on that, which is to defend the Paraguayans. The maximum benefit for the Paraguayans, that’s what we are looking for,» said President Peña this Tuesday regarding Paraguay’s position in negotiations with Brazil.

He emphasized that these negotiations take place within the framework of excellent personal and bilateral relations between the highest authorities of both countries. Still, he recognized that these good relations «need to be substantiated.»

He valued some «gestures» already made, such as exempting a pending charge of about 100 million dollars on the maquila industry exporting from Paraguay to Brazil. This was going to imply a significant loss of jobs for the country.

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