
Senator Basilio Bachi Núñez of the Colorado Party's (ANR) Honor Colorado faction was re-elected on Wednesday as Upper House Speaker until June 30, 2028, following a procedural change to internal regulations, pushed through by the Cartista bloc [of former President Horacio Cartes] and its allies.

Brazilian experts joined Tuesday a working meeting in Asunción between local representatives of the Pan American Health Organization (PAHO) and Paraguay's National Program for the Control of HIV/AIDS and STIs (Pronasida), and the General Directorate of Health Surveillance to further discuss the elimination of congenital syphilis and acquired syphilis through a project called Cooperation Among Countries for Health Development (CCHD).

A South Korean business delegation, including representatives from the Korea Meat Import Association, is in Paraguay this week to assess its meat industry. This marks the first time Korean private-sector leaders have visited the South American country before an official market opening, signaling confidence in the process.

Paraguay's Senate has requested a report from the Foreign Ministry as to the reasons for the country's continued diplomatic recognition of Taiwan instead of mainland China. Paraguay is currently the only South American nation to formally recognize Taiwan.

Argentina's Ambassador to Asunción, Guillermo Nielsen, announced Wednesday during a meeting with Senate Speaker Basilio Bachi Núñez that President Javier Milei would be visiting the neighboring country on Sept. 15 and 16.

The Paraguayan Government, under President Santiago Peña, has issued a travel advisory for its nationals, advising them to stay away from Venezuela or leave the country at the earliest, considering that Asunción does not have an embassy or consulate in that territory and therefore its ability to assist people in distress is limited.

US Southern Command (Southcom) Chief, Admiral Alvin Holsey, has met with Paraguayan President Santiago Peña to strengthen the strategic alliance between the two countries. President Peña awarded Holsey the Order of Merit of the Armed Forces, Paraguay's highest military decoration, in recognition of his support for the South American nation.

Paraguayan President Santiago Peña has signed a decree officially declaring the Cartel de los Soles an “international terrorist organization,” it was announced in Asunción. The Government argued that the measure highlighted its commitment to fighting transnational crime and protecting national sovereignty.

The international rating agency Moody's on Tuesday reaffirmed Paraguay's sovereign rating at Baa3, maintaining a stable outlook. This rating, considered an investment grade, is the result of the South American country's strong economic performance, fiscal discipline, and institutional stability. The Baa3 rating entails lower financing costs, with better borrowing conditions in terms of interest rates and maturities.

Brazil is donating 20 EE-11 Urutu armored vehicles to the Paraguayan Army to help modernize its military and strengthen regional defense cooperation. The donation will increase Paraguay's fleet of Urutu vehicles from 12 to 32.