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Lula and Peña agree to accelerate Itaipú treaty review

Summary by Merco Press
The presidents of Brazil, Luiz Inácio Lula da Silva, and Paraguay, Santiago Peña, agreed on Sunday in Campo Grande to intensify negotiations over Annex C of the Itaipú treaty, the instrument that governs the financial terms and energy sales of the binational hydroelectric dam, one of the largest in the world.

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In addition to Itaipu, Peña and Lula spoke about the global geopolitical situation, the importance of Mercosul, as well as the situation in Venezuela and the "interest in working together in the reconstruction" of the country.

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The president of Paraguay, Santiago Peña, and his Brazilian pair, Luiz Inácio Lula da Silva, agreed to push forward in the short term the closure of the negotiations on Annex C of Itaipu Binacional, after a meeting held in Campo Grande, Mato Grosso. Peña and Lula da Silva met within the framework of the negotiations of Annex C. Photo: capture The announcement was made at a press conference in Mburuvicha Róga by Chancellor Rubén Ramírez Lezcano, …

The president of Paraguay, Santiago Peña, and his Brazilian pair, Luiz Inácio Lula da Silva, agreed to push forward in the short term the closure of the negotiations on Annex C of Itaipu Binacional, after a meeting held in Campo Grande, Mato Grosso. Peña and Lula da Silva met within the framework of the negotiations of Annex C. Photo: capture The announcement was made at a press conference in Mburuvicha Róga by Chancellor Rubén Ramírez Lezcano, …

Brazilian President Luiz Inácio Lula da Silva and Paraguayan President Santiago Peña agreed on Sunday (22th) at a meeting in the Brazilian city of Campo Grande to resume negotiations on the Itaipú Treaty. In a communication, Lula stated that both governments had decided "to intensify the talks to intensify the revision of [...] The post Brazil and Paraguay intensify negotiations on Itaipú first appeared on latinapress news.

Asunción, IP Agency.- The presidents Santiago Peña and Luiz Inácio Da Silva met in Campo Grande, to discuss the process of revision of Annex C of Itaipu, as well as the regional situation and conflict in the Middle East. The presidents agreed to make official reciprocal visits in the short term. The president of the Republic Santiago Peña, met with President Luiz Inácio Lula da Silva of Brazil, with whom he discussed the Itaipu treaty and the po…

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Merco Press broke the news in Caracas, Venezuela (Bolivarian Republic of) on Monday, March 23, 2026.
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