Boost for Paraguay: $1.25 Billion Yearly from Itaipu Energy Deal

Paraguay has clinched a groundbreaking $1.25 billion annual deal with Brazil over Itaipu Dam energy tariffs. This agreement heralds a significant move toward energy sovereignty for Paraguay. President Santiago Peña, of the Colorado Party, announced this milestone on May 9, 2024, emphasizing its historic significance. The pact not only strengthens Paraguay’s economy but also achieves […]