Trade and Investments
The Office of Economic and Trade Affairs carries out promotional activities aimed at increasing and diversifying Paraguayan exports to the United States and attracting productive investments to our country.
Its functions include:
→ Strengthening the bilateral economic and trade relationship, facilitating contact between public sector officials and private sector representatives.
→ Assisting the private sector in trade and business missions, particularly small and medium-sized enterprises.
→ Identify and analyze trade intelligence information in order to evaluate and identify opportunities in the U.S. market
→ Disseminate investment opportunities in sectoral productive projects.
→ Promote inbound tourism to Paraguay.
Investments
Paraguay has experienced dynamic development since the early 2000s. Growth has been high and sustained, supported by a solid macroeconomic policy framework, a great asset for the country's development. At the same time, the well-being of the population improved thanks to greater access to electricity, sanitation, education and health; in addition to an increase in income that allowed reducing poverty levels from 28% in 2013 to 23.5% in 2019.
In recent years, Paraguay has maintained a positive average growth rate, despite the volatility of its main trading partners in the period 2020-2021.
In the period 2020 - 2021, it remained the country least affected in the region by the COVID-19 pandemic. However, there are still challenges in terms of inequality. To this end, the country has set itself ambitious development goals: the National Development Plan, adopted in 2014, sets targets to make the country not only more prosperous, but also more inclusive, efficient and transparent by 2030.