The foreign ministers of Paraguay, Uruguay, and Bolivia signed the formal reactivation of the Urupabol integration mechanism in Asunción, which aims to strengthen political coordination and cooperation in areas such as infrastructure and trade.
Javier Milei
Pytagua coverage mentioning Javier Milei.
The Mercosur Summit kicked off in Luque with a focus on the trade agreement with the European Union and negotiations over the Itaipú energy tariff.
Paraguay's Congress will hold a joint session on Tuesday, June 30, to receive the president of Chile, José Antonio Kast, with protocol honors on the occasion of the Mercosur Heads of State Summit.
The rise in prices in Argentina, driven by President Javier Milei's economic normalization measures, has significantly reduced the flow of Paraguayan shoppers to Clorinda, reversing a commercial dynamic that for decades had favored cross-border shopping tourism.
Paraguay has stepped up immigration controls and international cooperation after an Argentine case exposed an alleged Russian-linked influence network, though authorities have not confirmed whether any suspects or Russian nationals were actually identified or turned away at the border.
The government of Javier Milei approved the technical pre-qualification of two international consortia to operate the Paraná and Paraguay rivers waterway, even after the Prosecution Office for Administrative Investigations pointed out "serious and evident irregularities" in the process.
Two Belgian multinationals, Jan De Nul and DEME, are competing for the 25-year concession of the Paraná-Paraguay waterway, a route that handles 80% of Argentine exports and also serves Brazil, Bolivia, Uruguay, and Paraguay. The final decision depends on the economic proposals, while Argentina's Administrative Investigations Prosecutor's Office points to irregularities in the process.