Paraguay

Friday, May 23rd 2025 - 10:44 UTC
Peña suggests Paraguay can host unofficial talks between Taiwan and Japan or the US

During an interview with The Japan Times in Tokyo, Paraguayan President Santiago Peña offered his country as a bridge for countries seeking to commerce with Taiwan. Peña recalled that his country was the sole South American nation with direct ties to Taipei.
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Thursday, May 22nd 2025 - 10:47 UTC
Paraguay strengthens ties with Japan through Peña's visit

Japan has elevated Paraguay to a “strategic partner” status during President Santiago Peña's visit, marking a century of diplomatic relations. This strengthens ties through trust, cooperation, and mutual development. Japan approved a US$ 240 million credit for transformative infrastructure projects in the South American country, plus visa-free entry for short-term Paraguayan travelers and a political consultation agreement to deepen cooperation.
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Monday, May 19th 2025 - 18:47 UTC
US Embassy in Asunción offers sizeable reward for info regarding Hezbollah's activities in the area

The United States' Embassy in Asunción announced Monday that a reward of up to US$ 10 million was available to anyone supplying information on Hezbollah's financial networks in the Tri-Border (Paraguay-Brazil-Argentina) area.
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Monday, May 19th 2025 - 10:40 UTC
Significant drop in Paraguayan unemployment reported

Paraguay has recorded significant improvements in its labor market, with formal employment rising and unemployment hitting its lowest level for a first quarter since 2017. The employed population grew to 2.91 million people in the first quarter of 2025, marking an increase from 2.87 million in the same period of 2024. The unemployment rate fell to 5.6%, down from 6.9% in early 2024, with 41,106 individuals moving out of joblessness.
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Monday, May 19th 2025 - 07:56 UTC
Leon XIV formally starts his papacy with mass at St Peter's Square

Pope Leo XIV was inaugurated Sunday in a mass attended by some 100,000 people in St. Peter's Square. The 69-year-old Robert Francis Prevost, formerly a cardinal and missionary in Peru, received the fisherman’s ring and pallium, symbolizing his role as a “fisher of men.” Prevost holds dual US and Peruvian citizenship. These countries were represented by Vice President JD Vance and President Dina Boluarte, respectively. Among the 150 countries sending dignitaries were Brazil and Paraguay.
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Saturday, May 17th 2025 - 04:59 UTC
Paraguay on alert over avian flu outbreak in neighboring Brazil

Paraguay's National Service of Animal Quality and Health (Senacsa) issued Friday a sanitary alert, urging officials, producers, and citizens to report sick or dead birds and avoid handling them to prevent disease spread. The measure was adopted after Brazil confirmed its first outbreak of Highly Pathogenic Avian Influenza (HPAI) in a commercial poultry farm in Rio Grande do Sul.
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Friday, May 16th 2025 - 09:17 UTC
Peña 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 Congress held in Asunción.
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Thursday, May 15th 2025 - 10:04 UTC
Paraguay: 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 26% growth from the previous year.
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Monday, May 12th 2025 - 10:21 UTC
Given 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 sales abroad, as a result of Asunción's stance towards Taiwan, which prevents any direct trade with Beijing.
Thursday, May 8th 2025 - 08:34 UTC
Former 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 right thing to do and insisted that the measure did not violate any treaty. It rather establishes an effective charge for energy consumption to be paid by his country's National Electricity Administration (ANDE) and the Wholesale Electricity Market Administration Company (CAMMESA).