Brasilia, 28 November 2021 (TDI): On Thursday, Brazilian President Jair Messias Bolsonaro, and Foreign Minister Carlos França met with the President of Paraguay, Marito Abdo Benítez in Brasilia.
During the meeting, the officials exchanged views on the bilateral relationship between the two states. They addressed various topics of mutual interest, including infrastructure, border security, trade, and investments.
Minister Carlos França accompanied President @jairbolsonaro to a meeting with President @maritoabdo of the Republic of Paraguay. The frequent meetings between the two Presidents testify to the high level of dialogue and friendship between #Brazil and #Paraguay. pic.twitter.com/HPSTwquIII
— Itamaraty Brazil 🇧🇷 (@Itamaraty_EN) November 25, 2021
The emphasis of the leaders’ discussions was on energy, aquaculture, and the opportunities provided by ‘Itaipu Binacional.’ Itaipu Binacional is a binational initiative that started between Brazil and Paraguay in the 1960s.
It led to the construction of a huge hydroelectric dam named ‘Itaipu’ situated on the border between Brazil and Paraguay. The hydroelectric plant is operating since 1984 and comprises an installed generation capacity of 14 gigawatts (GW).
According to the Ministry of Foreign affairs of Brazil, Paraguay and Brazil formally established diplomatic relations in 1844. The two states have since enjoyed cordial relations with each other and made collective forts to enhance their political and economic ties.
Both sides share a similar priority of combatting transnational organized crimes in the South American region. In particular, Asunción and Brasilia cooperate in the areas of border security and intelligence to protect the region from criminal activities, such as drug trafficking.
Morever, both sides cooperate on multilateral platforms as well, mainly through International Organizations, such as the United Nations (UN), Southern Common Market (Mercosur), and the Organization of American States (OAS).
In conclusion, the meeting between Brazilian and Paraguayan Presidents exhibited a warm gesture of demonstrating the strong partnership between the two sides, where the leaders affirmed to keep strengthening their coalition ahead.