After two decades, the EU and MERCOSUR nations finally concluded negotiations for a trade agreement that goes beyond strictly commercial topics to also foster dialogue and political cooperation. The bad news? The ratification process could take a long time.
Christine Folch of Duke University sat down with Pedro Ferreira the technocrat who resigned as head of Paraguay’s public utility company ANDE over a secret agreement deal to sell excess energy to Brazil at below-market prices for profit. He explains the politics behind it and why he did it.
In an exclusive interview recorded on August 3, 2019 and published for the first time on Global Americans, Ferreira explains why he opposed the Bilateral Act that rocked Paraguay and resulted in his resignation and how Brazil stood to benefit.
After almost a quarter of a century of negotiations, a trade agreement between Mercosur and the EU could be signed soon. But the electoral uncertainty in South America as well as the protectionist tensions that emerged after Brexit could present risks for the agreement’s ratification.
Latin America is facing an historic wave of migration, not just from Venezuela but from other countries as well. And it’s only likely to grow. But when governments adopt the right policies, migrants can favor development.