Paraguay Reclaiming Energy From Brazil in Franco Industrial Push
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Paraguayan President Federico Franco said Brazil and Argentina will have to accept less hydroelectric energy as the land-locked country develops its industry and tries to accelerate development.
“We are no longer going to hand over our energy,” Franco said in an interview yesterday at Bloomberg’s headquarters in New York. “We’re going to develop internal markets, we’re going to industrialize our country and Paraguay will no longer just be a country that exports cattle and agricultural goods.”