Bolivia, Paraguay, and Uruguay Study Building a Port on the Atlantic
By Dialogo October 26, 2010
The governments of Bolivia, Paraguay, and Uruguay will apply for financing from the Initiative for the Integration of South American Regional Infrastructure (IIRSA) in order to conduct preliminary feasibility studies on building a deep-water port of regional scope on Uruguay’s Atlantic coast, the Uruguayan foreign ministry announced on 22 October.
The deputy foreign ministers of Uruguay, Roberto Conde, and Paraguay, Jorge Lara Castro, along with the Bolivian ambassador to Uruguay, Salvador Ric Riera, met on 21 October in Montevideo in the framework of the URUPABOL mechanism, a statement by the Uruguayan Ministry of Foreign Affairs indicated.
The officials “supported conducting preliminary feasibility studies on building a deep-water port of regional scope on Uruguay’s Atlantic coast, for which the countries will apply for financing under the framework of the IIRSA Agreement,” an initiative of the twelve South American countries to promote regional infrastructure integration.
They also highlighted the advances of the Trilateral Technical Commission on Energy Cooperation and Integration in actions aimed at working out the details of the sale of natural gas by Bolivia to Paraguay and Uruguay.
A study is currently underway, financed by the Andean Stimulus Corporation (CAF), to determine the preliminary feasibility of a gas pipeline connecting the three countries, as well as the technical and economic viability of transporting liquified natural gas along the Paraguay-Paraná Waterway.
The three countries additionally agreed on the need to establish a Trilateral Commission on matters of trade, logistics, and complementary production in order to coordinate public and private efforts, according to the statement.
The URUPABOL (Uruguay, Paraguay, and Bolivia) mechanism was created in 1963 and relaunched in recent years.