Paraguay: Where fishing is as popular as football; home to a waterfall twice the width of Niagara Falls and the habitat of the giant guinea pig. Any foreigner would easily recognize Paraguay’s unique features.

Nevertheless, what may be easy to miss is the multitude of investment opportunities at present in Paraguay. To name a few: there is the quickly expanding cannabis industry, the energy sector and agricultural trades. This is supported by Paraguay’s central location between the South American powerhouses of Argentina and Brazil.

Furthermore, Paraguay’s membership in the MERCOSUR community has been looking forward to the “historic agreement” it has made with the European Union. This agreement aims to create a new trade network to “bring Europe and South America closer together in a spirit of cooperation and openness”.

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