Investment projects and air route plans were discussed with the Paraguayan-American Chamber of Commerce - .::Agencia IP::.

Asunción, Agencia IP.- Executives of the Paraguayan-American Chamber of Commerce met with Foreign Minister Rubén Ramírez to discuss investment projects and the possibility of establishing air connections between Paraguay and the United States. The Paraguayan-American Chamber of Commerce comprises a diverse range of companies that operate in U.S. markets. «We are always open to welcoming […]

Asunción, Agencia IP.- Executives of the Paraguayan-American Chamber of Commerce met with Foreign Minister Rubén Ramírez to discuss investment projects and the possibility of establishing air connections between Paraguay and the United States.

The Paraguayan-American Chamber of Commerce comprises a diverse range of companies that operate in U.S. markets. «We are always open to welcoming American companies or those that work with American products,» said Peter Hansen, the Chamber’s president, in an interview with Radio Nacional del Paraguay.

Paraguay is subject to a minimum 10% tariff rate imposed by the United States, as the trade balance favors the North American country—in other words, Paraguay imports more from the U.S. than it exports.

“Paraguay is coming out relatively unscathed from the new U.S. tariff policy; that was an encouraging message […] The trade balance issue is not a major topic on the U.S. agenda—at least not concerning Paraguay,” he stated.