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Stories (5)

economy

China's Influence Grows in Paraguay Politics

Paraguay’s foreign policy is increasingly tilting toward China as Beijing ramps up political and economic engagement to win Paraguay away from Taiwan. Key points: - Taiwan remains Paraguay’s last South American diplomatic ally; a switch to Beijing would mark a symbolic victory for China. - Chinese officials have pitched economic benefits, healthcare, and advanced technology to Paraguayan lawmakers, signaling long-term gains if ties shift. - Paraguay’s political debate is dri

2026-05-24
economy

Paraguay's Economic Rise in South America

Paraguay is moving from the periphery toward the center of South America’s production and logistics networks, driven by converging advantages in land, energy, and location. Key points relevant to your query: - Economy and growth: GDP rose 6.6% in 2025, fastest in Latin America, with improved investment ratings. The government’s Paraguay 2X plan aims to double GDP within a decade, contingent on sustained high growth and structural reforms. - Enabling infrastructure: The immed

2026-05-24
economy

Paraguay: A Pro-Business Haven for Investors

Paraguay is gaining attention as a welcoming, pro-business destination under President Santiago Peña, drawing Latin American entrepreneurs with low taxes and streamlined residency processes. The country is aligning more with U.S. priorities amid a broader shift in the region toward stronger Washington influence, including a defense pact allowing U.S. troops and Peña’s visible support for Trump’s regional strategy. Paraguay remains uniquely aligned with Taiwan, limiting Chines

2026-05-24
economy

Paraguay's Peña Supports Trump's Monroe Doctr

Paraguay’s President Santiago Peña endorses a revived Monroe Doctrine-style approach under U.S. leadership, aligning Paraguay more closely with Trump’s foreign policy. Key points: - Peña views stronger U.S. involvement in Latin America as beneficial and supports revitalizing the Monroe Doctrine as part of a modern, non-colonial partnership. - He participated in Trump’s Board of Peace and backs actions against Nicolás Maduro, noting a lengthy transition to democracy in Venezu

2026-05-24
diplomacy

Beijing Calls Paraguay Leaders 'Chess Pieces'

- The article reports Beijing’s strong condemnation of Paraguay President Santiago Pena’s four-day Taiwan visit, labeling Paraguayan leaders as potential “chess pieces” for Taiwan independence forces. - China urges Paraguay to abandon the trip and adhere to the one-China principle, implying that breaking with Beijing would isolate Paraguay internationally. - The Chinese foreign ministry cites a poll suggesting broad Paraguayan support for establishing diplomatic ties with Bei

2026-05-24