Paraguay's Deputy Industry Minister Javier Viveros highlighted that holding the 56th General Assembly of the Latin American Association of Development Finance Institutions (Alide) strengthens the country brand and positions Paraguay as an attractive destination for business and investments. The event, running through May 22 in Asunción, brings together representatives from development banks, multilateral organizations, and financial institutions from across the region, with the National Development Bank (BNF) as the host entity.
“It represents a great opportunity to continue positioning Paraguay as a center for event tourism and a strategic destination for business and investments,” Viveros said. He added that such forums allow the country to gain visibility among regional and international players, while also driving public policies focused on financing, micro, small and medium-sized enterprises (MSMEs), and industrial development.
Separately, Deputy Minister of Trade and Services Alberto Sborovsky took part in the panel “EU-Mercosur Agreement: From Negotiation to Action” in Barcelona, Spain, alongside representatives from Brazil, Argentina, and Uruguay. Speaking to European business leaders, Sborovsky expressed Paraguay's vision of consolidating itself not only as a supplier of raw materials but as a country committed to value generation, industrialization, and logistics development, promoting strategic alliances.
“We are convinced that we are a platform for European investments to come and manufacture or industrialize our raw materials for export both to Mercosur and back to the European Union, in line with products that meet Europe's needs,” Sborovsky said. He stressed that it is essential for Paraguay to be seen as a logistics and industrial hub, not just a seller of commodities, leveraging European knowledge and experience in key sectors.
The Alide assembly will also reinforce the strategic role of public development banks in a global context of economic, technological, and environmental transformations. Discussions will cover Latin America and the Caribbean's position in the international economy, the need to accelerate productive investment to generate employment, and the strengthening of innovation and entrepreneurship ecosystems with sustainability and inclusion.