Hugo Vel\u00e1zquez, Vice President of Paraguay, announced a joint candidacy to the Cup of 2030.| Photo: Nathalia Aguilar\/EFEArgentina, Chile, Paraguay and Uruguay made official this Thursday () the intention to host the World Cup in 2030, taking advantage of the centenary of the first edition of the tournament, played in Uruguay in 1930. "Today we took the political and sporting decision to relaunch the possibility of holding the World Cup in 2030 in South America, and in these four countries", confirmed the vice president of Paraguay, Hugo Vel\u00e1zquez, in a press conference. Sports Ministers and representatives of the four embassies met this Thursday in Asunci\u00f3n, capital of Paraguay, and presented their candidacy to FIFA. Vel\u00e1zquez said that the South American candidates do not have the financial resources to compete "with the great world powers", but that they are planning a World Cup in an "austere" way.If confirmed, this will be the first time that four countries in the region have organized a World Cup together. The last time the Cup was played on the continent was in Brazil, in 2014. This year, the competition will take place in Qatar, and in 2014 in Canada, the United States and Mexico. For now, the other candidates to host the tournament in 2030 are Spain and Portugal.