Paraguay
Fri, 16 May 2025 09:17:00 GMTPeña highlights Paraguay's booming present at FIFA Congress
Paraguayan President Santiago Peña highlighted his country's economic, social, and cultural growth, which -he claimed- was the fastest in the region over the past 35 years. He made those remarks Thursday during the 75th FIFA C...
Thu, 15 May 2025 10:04:00 GMTParaguay: Maquila Regime yields encouraging results
In Paraguay, exports under the Maquila regime totaled US$ 388 million as of April 2025, a 13% yoy increase driven mainly by auto parts, textiles, aluminum products, food, and plastics, currently generating 32,712 direct jobs, a...
Mon, 12 May 2025 10:21:00 GMTGiven Paraguay's trade deficit with China, opportunities such as UAE sought
Paraguay trade experts warned this weekend, citing official data from the Central Bank of Paraguay (BCP) that 37.6% of the country's imports in the first quarter of 2025 stemmed from China, where very little is placed: 0.3% of ...
Thu, 08 May 2025 08:34:00 GMTFormer Paraguayan President welcomes Milei's Yacyretá tariff adjustment
Former Paraguayan President and Yacyretá Binational Entity (EBY) Director Nicanor Duarte Frutos said Argentine President Javier Milei's decree adjusting the energy tariff from US$ 17 to US$ 28 per megawatt-hour (MWh) was the r...
Wed, 07 May 2025 10:55:00 GMTMilei adjusts Yacyretá tariff ahead of new operating agreement
Argentine President Javier Milei signed Decree No. 303/2025, authorizing a new Operating Agreement for the Yacyretá Hydroelectric Power Plant, a binational entity co-owned by Argentina and Paraguay. The agreement sets a tariff...
Tue, 06 May 2025 10:30:00 GMTPeña highlights Paraguay's stability at economic forum in Los Angeles
During his appearance at the Milken Institute Global Forum in Los Angeles, Paraguayan President Santiago Peña highlighted his country's stability, openness, and commitment to inclusive development. The major global economic ev...
Mon, 05 May 2025 10:46:00 GMTParaguay's BCP announces overoptimistic GDP projection
Despite many experts believing otherwise, Paraguay's Central Bank (BCP) has raised its GDP growth projection for 2025 from 3.8% to 4% amid geopolitical tensions and potential trade wars. BCP President Carlos Carvallo defended t...
Sat, 03 May 2025 10:55:00 GMTMercosur FMs pledge to deepen regional integration amid global trade challenges
Foreign Ministers of the Southern Common Market (Mercosur)—namely Argentina, Bolivia, Brazil, Paraguay, and Uruguay—gathered Friday in Buenos Aires at the San Martín Palace to advance regional integration amid global trade...
Thu, 01 May 2025 09:41:00 GMTParaguayan President to attend new Pope's enthronement
Paraguayan President Santiago Peña, who prioritized other international engagements over Pope Francis' funeral, will be attending the enthronement of the Argentine pontiff's successor, Senator Derlis Maidana confirmed Wednesda...
Wed, 30 Apr 2025 10:22:00 GMTPeña tells UN global institutions need reforming
Paraguayan President Santiago Peña addressed the UN General Assembly, criticizing the world's ineffectiveness in maintaining peace amid conflicts and calling for reform to global institutions to better support developing natio...