EFEAsuncion2 Aug 2016
Petropar president Eddie Jara on Tuesday reiterated that the state-run Paraguayan company acknowledges the $265 million debt demanded by Petroleos de Venezuela, or PDVSA, and that they will take this case before the International Chamber of Commerce in Paris, which will mediate the dispute between the two firms.
"Petropar acknowledges the debt and is going to honor it as a serious firm in a serious country," Jara told the media after meeting with Paraguayan President Horacio Cartes.