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

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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


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