Ministers from the two countries met in Brasilia to review bilateral affairs and reach new agreements.
The governments of Brazil and Paraguay, represented by their ministers of foreign affairs, José Serra and Eladio Loizaga, signed two agreements relating to transportation and infrastructure.
On the one hand, over the Paraguay River to connect the cities of Porto Murtinho, Brazil, with Carmelo Peralta, Paraguay. A joint committee will be responsible for approving the projects and procedures needed to carry out the work in question and oversee construction and subsequent conservation and maintenance.
On the other hand, in relation to air services, it was agreed that a concession would be granted to one company from each country to operate regular international services along specific routes and to determine the frequency and capacity of these.
The ministers also discussed (link in Spanish) investment promotion and trade ties with an emphasis on integrating production chains. They agreed to make progress on the prevention and combating of transnational crime, and to move forward with cooperation between legal entities and security forces.