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MercoPress, en Español

Montevideo, November 28th 2024 - 20:54 UTC

Paraguay

  • Tuesday, March 19th 2024 - 19:54 UTC

    No more petrol stations for the next 5 years in urban Paraguay

    In Paraguay there are approximately 35 gas stations per 100,000 inhabitants

    Paraguayan President Santiago Peña Tuesday signed a decree whereby the opening of new petrol stations was suspended for the next five years in all of the country's urban areas citing environmental concerns. The measure will thus be in force for the remainder of Peña's term in office and is already in force, it was explained.

  • Tuesday, March 19th 2024 - 10:30 UTC

    Paraguayan President highlights his country's productive model

    Peña underlined Paraguay's strengths regarding business undertakings

    President Santiago Peña highlighted Paraguay's productive model and spoke about his country's future in terms of economic and financial development in the panel “Spotlight on Latin America” sponsored by the Financial Times, it was reported Monday in Asunción. The head of state also pointed out that the technology incorporated into the agricultural production system will allow Paraguay to achieve the development it has longed for.

  • Friday, March 15th 2024 - 09:58 UTC

    Paraguay: US Ambassador warns against “coercive sectional interests”

    Ostfield attended the Paraguayan Police Academy graduation ceremony

    US Ambassador to Asunción Marc Ostfield Thursday urged the Paraguayan Police, the Attorney General's Office, and the Judiciary to be strong against the “influence of coercive sectional interests.” During his speech before President Santiago Peña at the Police Academy graduation ceremony, he also reiterated his country's support in the fight against corruption, organized crime, and impunity.

  • Tuesday, March 12th 2024 - 18:35 UTC

    FTA negotiations between Japan and Mercosur to start next month, Paraguayan FM says

    Ramírez also admitted that Paraguay was looking for “opportunities of mutual interest to work with Japan”

    The South American Common Market (Mercosur) will start negotiating a Free Trade Agreement (FTA) with Japan next month, Paraguay's Foreign Minister Rubén Ramírez Lezcano acknowledged in an interview with the Nikkei economic newspaper. Paraguay currently holds the rotating presidency of the regional bloc.

  • Tuesday, March 12th 2024 - 10:34 UTC

    Charges filed against former Paraguayan President for misuse of confidential data

    Abdo is said to have tried to “weaken” Cartes and Peña within the ANR

    Paraguayan prosecutors agreed Monday to press charges against former President Mario Abdo Benítez following complaints filed by fellow former head of state Horacio Cartes, it was reported in Asunción. Although both leaders belong to the Colorado Party -also known as the National Republican Alliance or ANR- Cartes currently chairs the grouping.

  • Monday, March 11th 2024 - 11:04 UTC

    Paraguay, the best place in the region for business, says FGV

    Paraguay topped the FGV report while Argentina climbed significantly with the first measures announced by President Milei

    The Latin American Economic Climate Index (ICE) released this weekend by Brazil's Getúlio Vargas Foundation (FGV) highlighted Paraguay as the Mecca for business ventures in the region given the country's outstanding performance.

  • Monday, March 11th 2024 - 10:44 UTC

    Paraguay strikes deal with FBI to tackle organized crime

    Domestic Security Deputy Minister Oscar Pereira and National Police Chief Carlos Benítez signed the document on behalf of the South American country

    Paraguayan authorities signed an agreement with the Federal Bureau of Investigations (FBI) of the United States to fight organized crime in “an unprecedented event” of cooperation between the two countries, it was reported. The deal provides for the creation of a group specialized in identifying threats and preventing major events affecting domestic and regional security.

  • Friday, March 8th 2024 - 10:44 UTC

    No backtracking on Rule 1115, EU envoy tells Paraguayan producers

    Pitto also said his trip was to “see the efforts” Paraguay was making to guarantee that its products” do not come from deforested land

    European Union (EU) Environment Commission envoy Emanuele Pitto told Paraguayan exporters Thursday in Asunción that there would be no turning back from Rule 1115 banning raw materials and products associated with deforestation and forest degradation. The measure not allowing imports nor exports of these goods has been in force since June 29 last year.

  • Wednesday, March 6th 2024 - 09:59 UTC

    Paraguay reports 0% inflation in February, but at what cost?

    Paraguay today has the strongest macroeconomic scenario in Latin America, President Santiago Peña said earlier this year in Spain

    Paraguay's Central Bank (BCP) announced this week that inflation in February amounted to 0% from January's values despite increases in education and food, particularly eggs, it was reported in Asunción. In the same month last year, the Consumer Price Index (CPI) had gone up 0.5%. However, these achievements have a price tag.

  • Tuesday, March 5th 2024 - 09:19 UTC

    Fight against corruption a priority for the US, Nephew tells Peña

    Nephew met with Peña in Asunción

    US Global Anti-Corruption Coordinator Richard Nephew told Paraguayan President Santiago Peña in Asunción on Monday that Washington would “continue to use a full range of tools to advance US priorities in anti-corruption activities, including strengthening capabilities in criminal justice and oversight of accountability institutions.”