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The ICT Minister Diego Molano Vega, will travel to Paraguay to attend the Second Meeting of Ministers of Communications that aims to reduce costs and increase Internet access throughout Latin America. The meeting will present delegates from the countries of UNASUR, and its purpose is to approve the roadmap for the implementation of South American Fiber Optic Network.During the meeting, an intervention by the Interamerican Development Bank (IDB) is scheduled, who will discuss the design of the implementation plan and content development, which seeks to improve the interconnection between countries and reduce international connectivity charges.

"With the South American Fiber Optic Network we seek to improve broadband Internet access in the region and reduce the chain of cost for the end user to be benefited." Said Minister Diego Molano Vega.

The project has received technical support from the Economic Commission for Latin America and the Caribbean (ECLAC), who recognize that the leadership exercised by Colombia on these initiatives, benefits all South American countries in increasing and improving Internet access to broadband, in terms of coverage, price and quality.

"The regional ring seeks to interconnect South American countries and will be an opportunity to reduce the cost of Internet in the region which is one of the most expensive in the world," states in this regard, the Minister of Communications of Brazil, Paulo Bernardo.

At the First Meeting of Ministers of Communications that was held last year in Brazil, mechanisms to reduce Internet costs in different countries of South America were discussed. There following issues were analyzed: leveling of the balance of Internet traffic between the U.S. and Latin America, creating hosting centers in the region to reduce the use of foreign servers to host content, and the strategy to boost the connectivity of Latin American operators in the region.