Finely chop the red onion and garlic. Zest the lime, then juice it.
In a medium saucepan, heat the olive oil over medium heat. Add the red onion and garlic and sauté for 2-3 minutes, until translucent.
Add the smoked paprika, then pour in the red wine. Stir well to combine, and cook for 5 minutes, until the wine has slightly reduced.
Add the lime juice and zest, then sprinkle in the brown sugar. Simmer over low heat for another 10 minutes, or until the sauce has thickened.
Season with salt and black pepper to taste. If you prefer a smoother sauce, blend with an immersion blender. Otherwise, serve as is.
Let the sauce cool slightly before serving alongside grilled meats, fish, or vegetables. It can be stored in the refrigerator for up to 3-4 days.
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