INSUBCONTINENT EXCLUSIVE:
a cornerstone of energy supply for both nations
sell its surplus energy exclusively to Brazil at fixed rates
This arrangement has been a source of contention, with Paraguay seeking greater control over its share of energy revenues.The new agreement
introduces significant changes
(Photo Internet reproduction)Energy tariffs will drop to between $10 and $12 per kilowatt-month, reflecting only operational costs
This move ends decades of restrictions
It allows Paraguay to negotiate market-based prices, potentially boosting its annual revenues by $600 million by 2026.These funds are
Brazilian consumers stand to benefit as well.The elimination of extra costs could reduce electricity prices in Brazil, with estimates
suggesting savings of up to R$16.66 per household per month
While the deal is hailed as a victory for both sides, challenges remain.Paraguay must invest in infrastructure to maximize its newfound
energy rights, while Brazil faces increased competition in its domestic energy market
Nevertheless, this agreement symbolizes a new chapter in bilateral cooperation, addressing historical grievances while fostering mutual