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Weekly Report - 28 June 2018 (WR-18-25)

Paraguay close to resolving historic Argentine dispute

The Paraguayan senate has approved a deal signed in May 2017 between President Horacio Cartes and his Argentine peer Mauricio Macri modifying the Yacyretá bi-national hydroelectric dam treaty. The political opposition slammed the deal on the grounds that it would be detrimental to Paraguay as it acknowledges that the country must repay Argentina for the debt incurred in the building of the dam. It also allows for the construction of the Aña Cua extension to the dam, for which Buenos Aires has long pushed but Asunción has resisted for fear of losing more territory.

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