IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 ▲ 0.74% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL5.09▲ 0.02% USD/MXN17.38▼ 0.31% USD/CLP933.60▼ 0.10% USD/COP3,254▼ 0.44% USD/PEN3.39▲ 0.09% USD/ARS1,481▼ 0.03% USD/UYU40.19▼ 0.10% USD/PYG6,031▲ 1.52% USD/BOB10.75▲ 2.22% USD/DOP58.25▲ 0.02% USD/CRC447.35▲ 1.43% USD/GTQ7.62▲ 2.33% USD/HNL26.74▲ 1.61% USD/NIO36.62▲ 0.84% USD/VES735.39▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD157.59— 0.00% USD/TTD6.73▲ 1.11% EUR/BRL5.82▼ 0.65% BRENT 89.69 ▲ 0.53% WTI 83.11 ▼ 0.14% IRON ORE 161.91 — — COPPER 6.52 ▲ 3.54% GOLD 4,068 ▲ 1.45% SILVER 59.32 ▲ 4.43% SOY 1,227 ▲ 0.06% CORN 471.50 ▲ 4.89% WHEAT 673.25 ▼ 0.11% COFFEE 333.85 ▼ 0.16% SUGAR 14.88 ▲ 0.40% ORANGE JUICE 146.90 ▲ 6.30% COTTON 79.96 ▲ 3.35% COCOA 5,506 ▼ 0.25% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,329 ▲ 1.68% ETH 1,944 ▲ 2.10% SOL 78.36 ▲ 0.73% XRP 1.13 ▲ 1.90% BNB 578.67 ▲ 1.39% ADA 0.17 ▲ 2.78% DOGE 0.07 ▲ 1.94% AVAX 6.65 ▲ 1.12% LINK 8.70 ▲ 1.42% DOT 0.87 ▲ 4.70% LTC 47.48 ▲ 0.30% BCH 223.95 ▲ 1.84% TRX 0.33 — 0.00% XLM 0.19 ▲ 2.10% HBAR 0.07 ▲ 2.17% NEAR 2.00 ▲ 1.29% ATOM 1.50 ▲ 0.60% AAVE 94.76 ▲ 5.55% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,935 ▲ 1.52% USD/ZAR16.42▼ 0.67% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,193 ▼ 0.19% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY162.67▲ 0.10% USD/CNY6.77▼ 0.02% DAX 24,936 ▲ 0.36% CAC 8,362 ▲ 0.26% FTSE 10,544 ▲ 0.18% MIB 52,161 ▲ 0.57% IBEX 19,328 ▲ 0.63% STOXX 641.80 ▲ 0.34% EUR/USD1.14▲ 0.12% GBP/USD1.34▼ 0.11% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.56 ▼ 5.84% USD/CAD1.41▼ 0.08% US10Y 4.5980 ▲ 1.26% IBOV 173,371.35 ▼ 0.20% IPSA 10,896.87 ▲ 0.10% IPC MEX 66,125.27 ▼ 0.74% MERVAL 3,223,652 ▲ 0.74% COLCAP 2,298.34 — 0.00% BVL PERÚ 55,645.90 — — USD/BRL 5.09 ▲ 0.02% USD/MXN 17.38 ▼ 0.31% USD/CLP 933.60 ▼ 0.10% USD/COP 3,254 ▼ 0.44% USD/PEN 3.39 ▲ 0.09% USD/ARS 1,481 ▲ 0.17% USD/UYU 40.19 ▲ 1.43% USD/PYG 6,031 ▲ 1.52% USD/BOB 10.75 ▲ 2.22% USD/DOP 58.25 ▲ 0.02% USD/CRC 447.35 ▲ 1.43% USD/GTQ 7.62 ▼ 0.05% USD/HNL 26.74 ▲ 1.61% USD/NIO 36.62 ▲ 0.84% USD/VES 735.39 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.59 ▲ 0.60% USD/TTD 6.73 ▲ 1.11% EUR/BRL 5.82 ▼ 0.65% BRENT 89.69 ▲ 0.53% WTI 83.11 ▼ 0.14% IRON ORE 161.91 — — COPPER 6.52 ▲ 3.54% GOLD 4,068 ▲ 1.45% SILVER 59.32 ▲ 4.43% SOY 1,227 ▲ 0.06% CORN 471.50 ▲ 4.89% WHEAT 673.25 ▼ 0.11% COFFEE 333.85 ▼ 0.16% SUGAR 14.88 ▲ 0.40% ORANGE JUICE 146.90 ▲ 6.30% COTTON 79.96 ▲ 3.35% COCOA 5,506 ▼ 0.25% BEEF 223.30 ▼ 0.50% CATTLE 346.78 ▲ 0.24% LITHIUM 66.92 ▼ 2.14% PETR4 41.15 ▲ 0.61% VALE3 71.93 ▼ 1.38% ITUB4 42.30 ▲ 0.81% BBDC4 18.41 ▲ 0.66% ABEV3 15.79 ▲ 1.02% BBAS3 20.17 ▼ 1.56% B3SA3 15.26 ▲ 0.39% WEGE3 43.13 ▼ 1.15% PRIO3 57.69 ▼ 0.28% SUZB3 41.89 ▼ 0.10% RENT3 37.49 ▼ 1.94% AZZA3 18.17 ▼ 2.26% CSAN3 3.82 ▼ 0.52% RAIZ4 0.27 ▼ 6.90% PCAR3 2.60 — 0.00% GMAT3 3.85 ▼ 0.77% PSSA3 54.20 ▼ 1.70% CVCB3 1.08 ▼ 11.48% POSI3 3.70 ▼ 2.63% SLCE3 13.57 ▲ 0.30% NATU3 8.63 ▲ 0.94% BRKM5 5.94 ▼ 4.04% RANI3 7.99 ▲ 0.50% CSNA3 5.07 ▲ 0.40% CMIN3 5.39 ▲ 1.13% USIM5 8.16 ▼ 0.85% GGBR4 23.62 ▼ 1.75% ENEV3 25.65 ▼ 0.12% CPFE3 46.32 ▼ 1.17% CMIG4 11.02 ▼ 0.90% EQTL3 39.29 ▼ 0.53% LREN3 13.31 ▼ 0.82% VIVT3 35.67 ▲ 0.42% RAIL3 13.57 ▼ 0.95% KLABIN 17.48 ▼ 0.57% RAIA DROGASIL 18.69 ▲ 0.75% RDOR3 35.45 ▼ 0.92% HAPV3 11.55 ▲ 1.49% FLRY3 16.56 ▼ 0.18% SMTO3 15.41 ▼ 0.26% UGPA3 31.70 ▼ 1.15% VBBR3 34.11 ▼ 2.32% BBSE3 41.05 ▼ 0.17% BPAC11 55.84 ▼ 0.61% CURY3 30.19 ▼ 1.57% AERI3 2.07 ▲ 2.48% VIVARA 21.96 ▼ 2.14% COMPASS 24.60 ▼ 1.13% VAMOS 3.09 ▼ 2.52% SANB11 27.01 ▲ 1.35% ASAI3 8.14 ▼ 4.24% SBSP3 28.98 ▼ 0.82% WALMEX 49.38 ▼ 0.22% GMEXICO 201.45 ▲ 0.42% FEMSA 226.85 ▲ 0.49% CEMEX 21.81 ▼ 4.05% GFNORTE 180.00 ▼ 0.74% BIMBO 59.31 ▲ 2.26% TELEVISA 9.71 ▲ 1.46% AMX 22.74 ▼ 1.13% GAP 378.19 ▼ 2.02% ASUR 274.37 ▼ 1.91% OMA 226.42 ▼ 1.82% KOF 180.95 ▲ 0.11% GRUMA 287.60 ▲ 0.39% KIMBER 38.39 ▼ 0.72% SQM-B 63,400 ▼ 3.13% COPEC 6,345 ▲ 1.53% BSANTANDER 78.90 ▲ 2.47% FALABELLA 5,850 ▲ 0.26% ENELAM 84.67 ▲ 0.75% CENCOSUD 2,005 ▲ 0.50% CMPC 1,088 ▲ 1.68% BANCO CHILE 189.95 ▲ 0.77% LATAM AIR 24.36 ▼ 1.62% YPF 79,200 ▲ 1.67% GGAL 7,845 ▼ 0.19% PAMPA 5,270 ▲ 1.93% TXAR 675.00 ▲ 1.66% ALUAR 959.50 ▲ 1.05% TGS 9,500 ▲ 1.39% CEPU 2,289 ▲ 1.10% MIRGOR 17,125 ▲ 1.48% COME 42.95 ▼ 2.03% LOMA NEGRA 3,558 ▲ 0.99% BYMA 294.50 ▼ 1.09% TELECOM ARG 4,145 ▼ 0.12% ECOPETROL 16.04 ▼ 0.34% BANCOLOMBIA 80.82 ▲ 0.51% GRUPO AVAL 4.95 ▲ 0.61% CREDICORP 386.85 ▼ 0.96% SOUTHERN COPPER 175.07 ▲ 1.50% BUENAVENTURA 30.06 ▼ 0.60% MERCADOLIBRE 1,832 ▲ 1.02% NUBANK 13.99 ▲ 2.94% XP 16.80 ▲ 0.78% PAGSEGURO 9.29 ▲ 2.77% STONE 11.12 ▼ 0.27% GLOBANT 32.29 ▲ 0.19% TECNOGLASS 46.11 ▼ 0.80% GAP AIRPORT 217.12 ▼ 1.72% ASUR 274.37 ▼ 1.91% OMA AIRPORT 104.01 ▼ 1.23% AMX ADR 26.10 ▼ 0.65% FEMSA ADR 130.01 ▲ 0.77% CEMEX ADR 12.49 ▼ 3.70% PETROBRAS ADR 18.19 ▲ 1.22% VALE ADR 14.10 ▼ 0.63% ITAU ADR 8.32 ▲ 1.46% SANTANDER BR 5.38 ▲ 2.67% AMBEV ADR 3.08 ▲ 1.65% CSN 1.01 ▲ 2.02% GERDAU 4.68 ▼ 0.85% LATAM ADR 51.74 ▼ 1.56% BTC 66,329 ▲ 1.68% ETH 1,944 ▲ 2.10% SOL 78.36 ▲ 0.73% XRP 1.13 ▲ 1.90% BNB 578.67 ▲ 1.39% ADA 0.17 ▲ 2.78% DOGE 0.07 ▲ 1.94% AVAX 6.65 ▲ 1.12% LINK 8.70 ▲ 1.42% DOT 0.87 ▲ 4.70% LTC 47.48 ▲ 0.30% BCH 223.95 ▲ 1.84% TRX 0.33 — 0.00% XLM 0.19 ▲ 2.10% HBAR 0.07 ▲ 2.17% NEAR 2.00 ▲ 1.29% ATOM 1.50 ▲ 0.60% AAVE 94.76 ▲ 5.55% SELIC 14.25% EMBRAER 83.29 ▲ 1.88% EMBRAER ADR 65.93 ▲ 2.87% JBS 12.03 ▲ 1.01% JBS BDR 60.79 ▲ 0.98% MBRF3 14.52 ▼ 3.39% MBRFY 2.91 — 0.00% INTER 5.62 ▲ 4.66% EGX 53,935 ▲ 1.52% USD/ZAR 16.42 ▼ 0.43% USD/NGN 1,376 — 0.00% NIKKEI 66,232 ▲ 3.26% CSI300 4,739 ▲ 3.06% HSI 25,132 ▼ 0.04% NIFTY 24,193 ▼ 0.19% KOSPI 6,748 ▲ 3.56% JCI 6,340 ▲ 1.74% USD/JPY 162.68 ▲ 0.13% USD/CNY 6.7649 ▲ 0.11% DAX 24,936 ▲ 0.36% CAC 8,362 ▲ 0.26% FTSE 10,544 ▲ 0.18% MIB 52,161 ▲ 0.57% IBEX 19,328 ▲ 0.63% STOXX 641.80 ▲ 0.34% EUR/USD 1.1426 ▲ 0.11% GBP/USD 1.3427 ▲ 0.01% SPX 7,443 ▼ 0.19% DJI 51,839 ▼ 0.59% NDX 28,604 ▲ 0.04% RUT 2,942 ▼ 0.67% TSX 34,960 ▼ 0.86% VIX 17.56 ▼ 5.84% USD/CAD 1.4057 ▼ 0.15% US10Y 4.5980 ▲ 1.26%
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Tuesday, July 21, 2026

Latin America Paraguay

Paraguay’s Peña to Visit Taiwan in May, Defying Chinese Pressure

By · April 30, 2026 · 2 min read

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Key Points

President Santiago Peña will visit Taiwan in May in his second trip as president, reinforcing Paraguay Taiwan diplomatic ties.

Paraguay is one of only 12 countries worldwide — and the only one in South America — that maintains formal diplomatic relations with Taipei.

The visit comes amid sustained Chinese pressure on Taiwan’s remaining allies, with Beijing offering trade and investment incentives to switch recognition.

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The Paraguay Taiwan relationship remains one of the most unusual diplomatic alignments in Latin America — and Peña’s upcoming visit signals it will endure despite Beijing’s intensifying campaign to isolate Taipei.

The Rio Times, the Latin American financial news outlet, reports that Paraguayan President Santiago Peña will travel to Taiwan in May for his second state visit since taking office in August 2023. The trip reaffirms Paraguay’s position as the only South American nation — and one of just 12 countries globally — that maintains formal diplomatic recognition of the Republic of China rather than the People’s Republic of China.

Why Paraguay Taiwan Ties Matter

Taiwan’s diplomatic allies have shrunk dramatically in recent years — Honduras switched to Beijing in 2023 and Nauru followed in 2024. Each defection narrows the circle of nations willing to defy Chinese pressure, making Paraguay’s steadfastness strategically significant.

Paraguay’s Peña to Visit Taiwan in May, Defying Chinese Pressure. (Photo Internet reproduction)
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For Paraguay, the calculus involves both principle and pragmatism. Taiwan provides development aid, agricultural technology, and scholarship programs, while Peña has framed the relationship as a values-based commitment to democracy. But pressure from Paraguayan soybean exporters — who see the Chinese market as transformative — creates a persistent debate about whether the trade-offs remain worthwhile.

The Latin American Context

In the broader regional picture, China has become Latin America’s second-largest trade partner and the top export destination for Brazil, Chile, and Peru. Beijing’s Belt and Road Initiative has signed up 22 Latin American and Caribbean countries. Against that backdrop, Paraguay’s decision to maintain Taiwan ties stands out as an increasingly rare act of diplomatic independence in a region where economic gravity pulls overwhelmingly toward China.

The timing of Peña’s visit also carries geopolitical weight amid an Iran war that has reshuffled global alliances. Washington has been vocal about strengthening partnerships with nations that recognize Taipei. For a small South American nation, the Taiwan relationship provides diplomatic visibility and strategic relevance far beyond what Paraguay’s economic weight would normally command.

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