MercoPress. South Atlantic News Agency

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%. Read full article