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Incentives for Business Between Paraguay and Argentina

Incentives for Business Between Paraguay and Argentina

Like many other Latin American countries, business between Paraguay and Argentina is built upon a foundation of trade agreements and treaties to strengthen economies and regional integration, and provide new investment opportunities to those interested in entering these markets. Paraguay and Argentina have a historically fruitful bilateral relationship with a common goal: bilateral cooperation and the exchange of products and human resources. Paraguay with an emerging economy and a stable political environment has been becoming an attractive economy for investors. Argentina, considered as one of the most important economies in Latin America, constitutes an attractive focus to invest for both local and foreign companies. We outline a general summary of some of the most important trade agreements and agreements between Paraguay and Argentina in order to highlight the commercial opportunities offered by the two countries in the region. Agreements promoting business between Paraguay and Argentina The Yacyreta treaty responded to the world oil crisis by encouraging Paraguay and Argentina to seek a solution for energy supply. Yacyreta Treaty The Yacyreta treaty, signed in 1973, responded to the world oil crisis by encouraging Paraguay and Argentina to seek a mutually beneficial solution for energy supply. The objective of the treaty is to manage “The hydroelectric use of the Paraná River, the improvement of navigable conditions and the mitigation of the environmental effects generated by the Project”. As a result of this agreement, the Yacyreta Bilateral Entity was created....

Why are Brazilian Businesses and Investors Moving to Paraguay?

Why are Brazilian Businesses and Investors Moving to Paraguay?

Paraguay is now competing with regional powers for an increasing cut of the region’s foreign direct investment. Thanks to prudent fiscal policymaking, landlocked Paraguay pulled through troubled times when its major trade partners, Brazil and Argentina, were hit by the 2008 global financial crisis. The country has experienced positive economic growth since the arrival of now ex-President Horacio Cartes in office. Though still operating in the shadows of bigger players in the region, such as Brazil, Mexico, Colombia and Chile, Paraguay is carving out its niche in local and global markets. With increased diversification in its industries, the country is no longer an agricultural one-trick pony. As the country draws some of the limelight away from traditional economic hotspots, Brazilian investors are taking advantage of new and incentivized opportunities. Brazil Companies Investing in Paraguay - Upturn in Paraguay’s economic outlook A diversified economy and controlled inflation levels are crucial aspects of Paraguay’s consistently buoyant economy. This regional powerhouse is one of the worlds top producers for soybeans, and makes a significant contribution to global beef, corn and sunflower supply. Brazilian think tank Getulio Vargas Foundation rated Paraguay as South America’s Best Investment Climate for the years 2016 and 2017. In 2012, Brazilian foreign direct investment (FDI) into the country reached US$809 million. Now Paraguay demonstrates a real strength in a number of commercial and lifestyle aspects, thanks to its climate, geographical diversity, and incentives in...

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