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Boost for Paraguay: $1.25 Billion Yearly from Itaipu Energy Deal

Paraguay has clinched a groundbreaking $1.25 billion annual deal with Brazil over Itaipu Dam energy tariffs. This agreement heralds a significant move toward energy sovereignty...

Paraguay Reaffirms Ties with Taiwan Amid Chinese Pressure

Paraguayan President Santiago Peña recently affirmed his nation's ties with Taiwan during discussions with Japanese Prime Minister Fumio Kishida. This meeting in Asunción emphasized their...

Brazil and Paraguay Forge Key Energy Pact

Today, Brazil and Paraguay reached a significant agreement to adjust the electricity tariffs at the Itaipu Dam for the ensuing three years. This pact concluded...

Paraguay’s Beef Market Expands

Amidst the global food market's volatility, Paraguay's beef industry marked a rise in the early months of 2024. By April, exports climbed 3.5% to $461.2...

United Front: Paraguay and Brazil Join Forces Against Crime

In the heart of South America, Paraguay and Brazil form a crucial alliance targeting the pervasive networks of organized crime. During a pivotal meeting in...

Paraguay’s Strategic Move in South American Energy

In a bold move to reshape the energy landscape of South America, Paraguay is pushing forward with an ambitious pipeline project. This initiative aims to...

Paraguay Creates New Outpost to Enhance Domestic Security

Under the leadership of President Santiago Peña, Paraguay has taken a decisive step to bolster its internal security with the inauguration of a new...

Paraguay to Close Consulates in Argentina, Bolivia, and Brazil

Paraguay recently decided to close seven consulates across Argentina, Bolivia, and Brazil, marking a significant shift in its foreign relations strategy. Paraguay's Foreign Minister, Rubén...

Paraguay Nears Record Soybean Harvest Amid Transportation Hurdles

Paraguay is on track to record a soybean harvest of 10.4 million tons, despite significant transportation challenges. The country, ranked as the third-largest soybean exporter...

Brazil’s Azul Enhances Global Reach with Paraguay Flights

Azul Linhas Aéreas, a prominent force in the Brazilian aviation industry, is on an ambitious path to broaden its international footprint. The airline recently announced...

Paraguay’s Strong Trade Performance in Early 2024

In the first quarter of 2024, Paraguay demonstrated significant economic resilience, with a reported 3.3% increase in exports compared to the same period in...

Paraguay Reduces Global Footprint, Shuts Down Embassies

Paraguay has declared it will shut down its embassies in Egypt, Canada, Portugal, Australia, and Switzerland. The country cites financial limitations and reciprocity agreements as...

Paraguay’s Inflation Hits 2% in Early 2024

As of March 2024, Paraguay noted a Consumer Price Index (CPI) increase of 1.1%, up from the previous year's March figure of 0.4%. This rise...

Paraguay Meat Sales Dip in Early 2024

Early in 2024, Paraguay faced an unexpected 3.5% drop in its meat exports, a shift from the prior year's figures. This was revealed by the...

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