Also debated by both leaders were talks about Annex C of the Itaipu Treaty, to expire on 2023.The main debate concerns the destination of the funds remaining after the loans are cleared, which may add up to approximately $1 billion a year in revenues.
Brazilian President Jair Bolsonaro said today (Dec. 5) that the level of taxation on imports impacts the competitiveness and should be revised by Mercosur.
Brazil’s Foreign Ministry reported today (Aug 1) it has been keeping a close watch on the developments of the political crisis in Paraguay sparked by the release of the minutes of the deal between the two countries on the purchase of electric energy produced by hydroelectric d