Paraguay is Open for Russian and Chinese Investors, Sees Many Areas for Cooperation – Finance Minister

Post available in: English

Paraguay is open for investors from around the world, including Russia and China, and sees many areas for cooperation, Paraguayan Finance Minister Carlos Fernandez Valdovinos told Sputnik on Thursday. “We are open to doing business with every country in the world, even with China, even though we don’t have any diplomatic relations,” Valdovinos said. “Paraguay has many capabilities or potential areas where many investors from all around the world can work, and all of them are welcome to come.”

Private Sector Deal

Paraguay is not participating in government-level discussions on trade settlements, including in national currencies. It believes it is up to the private sector to decide what is best for it, Paraguayan Finance Minister Carlos Fernandez Valdovinos told Sputnik on Thursday.

“At the government level, no, because this is a private sector deal. We really believe in the private sector doing whatever they think is most important for them,” Valdovinos said when asked if the Paraguayan government is having any talks with Russia on settling the trade payments issue.

Source: Sputnik

Contact the Gateway to South America team to learn about the best investment opportunities in the region. The company is a benchmark for foreign investors wishing to invest in Argentina, Brazil, Chile, Paraguay, Peru and Uruguay, providing expert advice on property acquisition and investment tours.

The Gateway Team – When You are Serious About Property

(Visited 87 times, 1 visits today)

About Gateway to South America

Established in 2006, Gateway to South America began as a single office in Buenos Aires. Since then, it has grown into a vibrant regional network, providing professional real estate marketing services to clients in Argentina, Brazil, Chile, Paraguay, Peru, and Uruguay. If you enjoy reading our news site, please share it on your social media!

Want an edge on investing in Latin America? Get our Investment News first: Join 39,400 subscribers without cost to our English, Spanish or Portuguese posts for the latest real estate news in LATAM useful for new and experienced investors. Please note, this subscription is for Investment News only, not properties for sale.

Post available in: English

Comments are disabled
Real Estate and Investment News from South America
Visit us on LinkedInVisit us on FacebookVisit us on TwitterVisit us on Pinterest