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Paraguay News

MercoPress

UK Trade Envoy for Southern Cone first time visit to Paraguay

UK Trade Envoy for Southern Cone Fabian Hamilton visited Paraguay and met with Paraguayan authorities and stakeholders to explore new partnership opportunities in sectors including trade, investment, sports, clean energy, and sustainable development.

Paraguay seeks to become logistics hub for South America

Paraguay last week launched the upcoming Expo Logistics 2025 to be held on June 11 and 12 at the South American Football Confederation facilities in Luque. At the event, the South American country will be positioning itself as a regional hub by leveraging its strategic location and enhancing its transportation infrastructure, Vice Minister of Trade and Services Rodrigo Maluff said while announcing initiatives to modernize the Paraguay-Paraná waterway to connect trade from Bolivia and Brazil’s Mato Grosso regions, reducing cargo transfer times to markets like Southeast Asia by up to 40%.

Paraguay and Singapore sign key carbon credit agreement

Paraguay and Singapore signed a historic Implementation Agreement for carbon credit cooperation under Article 6 of the Paris Agreement, it was announced Friday. Signing the documents were Paraguay's Environment Minister Rolando de Barros Barreto and Singapore’s Minister of Sustainability, Grace Fu, during President Santiago Peña’s visit to the Asian country.

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.

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.

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.

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.

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.

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.

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.