The Republic Of Paraguay And Efforts To Shape Future Of Global Trade (2015-2019) – Analysis
In 1991 the Governments of Argentina, Brazil, Paraguay, and Uruguay established MERCOSUR with the signing of the Treaty of Asuncion, making it South America’s largest multilateral agreement assigned to tackle the commercial, economic and political matters in the continent. With the Treaty of Asuncion, the four nations agreed to ensure a “free movement of goods, services, and factors of production between countries.” According to a recent publication of the Council on Foreign Relations…
Paraguay BCP: Soya exports tripled at the start of 2019
The Paraguayan economy began in 2019 with different nuances in its foreign trade components. Although soybean (the main export product) had an important jump, it was not enough for global sales to have a greater dynamism. Shipments of soybeans to international markets grew 262.7% in the past month, compared to figures obtained in January 2018, and totaled USD 169.2 million. However, exports as a whole rose by only 2% and totaled USD 997.9 million, reported the Central Bank of Paraguay (BCP) in its report on…
