Through credit support for policy reforms, Paraguay aims to reduce times and costs associated with foreign trade and diversify its exports through simplifying procedures, modernization of institutions, and sectorial planning.
Asunción, Agencia IP.- Through credit support for policy reforms, Paraguay aims to reduce times and costs associated with foreign trade and diversify its exports through simplifying procedures, modernization of institutions, and sectorial planning.
The Inter-American Development Bank (IDB) approved a $100 million credit for the country, aiming to benefit stakeholders in the logistics chain through improvements in regulatory processes and institutional management.
Micro, small, and medium-sized enterprises (MSMEs) will also benefit by gaining greater access to international markets and reducing processing times and costs through digitizing and simplifying processes, reported the multilateral organization.
It also notes that women-led companies will be direct beneficiaries, and actions will be implemented for gender inclusion in the export sector.
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