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MercoPress, en Español

Montevideo, January 27th 2026 - 22:47 UTC

Paraguay

  • Thursday, February 13th 2025 - 10:18 UTC

    Paraná-Paraguay Waterway concession tender canceled amid foul play allegations

    Only bidders DEME stained the process with various complaints, Adorni explained

    The Argentine Government of President Javier Milei Wednesday declared the tender for the Paraná-Paraguay Waterway - which handles 80% of the country's exports and is also vital for Paraguay - concession void and launched an investigation into the only bidders: Dredging Environmental and Marine Engineering (DEME) for allegedly pressuring other potential bidders not to participate. The National Commission for the Defense of Competition will look into possible anti-competitive practices or an illicit association, it was explained.

  • Wednesday, February 12th 2025 - 14:34 UTC

    Argentina: Irregularities detected in key waterway concession process

    The government of Javier Milei launched the bidding process in November 2024

    Argentina's Administrative Investigations Prosecutor’s Office (PIA) has identified “serious irregularities” in the bidding process for the concession of the Paraná-Paraguay waterway, a crucial trade corridor for the region. The waterway is essential for exporting agricultural products from Argentina, Brazil, Bolivia, Paraguay, and Uruguay to the Atlantic.

  • Tuesday, February 11th 2025 - 19:26 UTC

    Taiwan largest market for Paraguayan pork exports

    Overall, Paraguayan pork shipments grew both in volume and revenue over the past year

    Taipei's Embassy in Asunción confirmed this week that Paraguay's pork exports to Taiwan grew by 108% last year, thus grabbing an 87% share of the South American country's shipments of the product, yielding revenues around US$ 29 million.

  • Tuesday, February 11th 2025 - 09:00 UTC

    German President announces South American tour

    Steinmeier will be attending Orsi's inauguration in Montevideo

    German President Frank-Walter Steinmeier will be touring Uruguay, Paraguay, and Chile between February 28 and March 8, it was announced Monday in Berlin. The head of state will attend Yamandú Orsi's inauguration in Montevideo on March 1. He is also scheduled to meet with Paraguay's Santiago Peña and Chile's Gabriel Boric Font.

  • Wednesday, February 5th 2025 - 11:43 UTC

    Tax collection above expectations in Paraguay

    Orué highlighted the 16 consecutive months of sustained increase

    Paraguay's National Directorate of Tax Revenues (DNIT) announced Tuesday that collection last month far exceeded expectations after posting a 9.1% yoy improvement. A DNIT report mentioned raking in ₲ 3.19 trillion (around US$ 405 million), which represented US$ 33.9 million more than in the same month of 2024.

  • Monday, February 3rd 2025 - 08:44 UTC

    Paraguay's BCP outlines scenario under Trump's policies

    Trump's measures target “those countries with which the US maintains high trade deficits such as Mexico and China,” the BCP stressed

    Paraguay's Central Bank (BCP) has picked up the glove from US President Donald Trump's barrage of protectionist economic measures and spoke of higher financing costs among the possible consequences of the Republican leader's policies. In addition, the US dollar would keep its upward trend against the guarani amid global uncertainty. Hence, there would be no room for a reduction in benchmark interest rates.

  • Saturday, February 1st 2025 - 10:00 UTC

    Paraguayan President describes importance of trade openness in speech at WTO

    Peña is to stay in Switzerland until Sunday

    Paraguayan President Santiago Peña Friday underlined the importance of trade openness and multilateralism during his speech at the World Trade Organization's (WTO) headquarters in Geneva. Peña highlighted “the importance of global integration to strengthen trade and resilience in the face of uncertainty,” the Ministry of Industry and Trade (MIC) said in a statement.

  • Friday, January 31st 2025 - 09:24 UTC

    Swiss minister tells Peña her country interested in dealing with Mercosur

    Switzerland “has many companies that are interested in investing worldwide,” Budlinger explained

    Switzerland's Secretary of State for Economic Affairs Helen Budlinger told Paraguayan President Santiago Peña that her country was interested in expanding businesses with Asunción and with all of the Southern Common Market (Mercosur). She made those remarks Thursday as she welcomed Peña to the non-European Union nation which thus covets a separate Free Trade Agreement (FTA).

  • Thursday, January 23rd 2025 - 10:21 UTC

    Chargé d'Affairs takes over US Embassy in Asunción on an interim basis

    Ostfield will most likely not be missed after he caused a lot of damage to Paraguay, Peña claimed

    As controversial US Ambassador Marc Ostfield completed his assignment in Asunción, the US diplomatic mission was left temporarily under Chargé d'Affairs Amir Masliyah -who has been Deputy Mission Chief since July 2022.

  • Monday, January 20th 2025 - 06:30 UTC

    Peña tells González Urrutia about Paraguay's support for democracy in Venezuela

    Peña and González Urrutia (L) are in Washington DC to attend Donald Trump's inauguration

    Paraguayan President Santiago Peña met Sunday in Washington DC with Venezuelan opposition leader Edmundo González Urrutia, whom many believed should have been sworn in on Jan. 10 last after winning the controversial July 28, 2024, elections where the incumbent Nicolás Maduro claimed to have prevailed despite producing no evidence thereto besides declarations from offices controlled by the Chavista regime.