China

Paraguayan President Santiago Peña has enacted the law approving the Mercosur agreement to provide consular assistance to citizens in countries where their nation lacks representation.

The USDA projects a favorable scenario for the global soybean supply in the 2026/27 crop year, while cereal production is expected to face a tighter supply.

Cybersecurity expert warns of cyberattack risks and advocates for digital sovereignty in Paraguay, citing espionage from countries like China and the need for a regulatory framework to protect data and investments.

The governments of Paraguay and the United States issued a joint statement denouncing cyber espionage operations against Paraguayan state networks, which they attribute to actors linked to the Chinese government.

Paraguay conditions trade agreement negotiations with China on maintaining its diplomatic ties with Taiwan, highlighting progress in Mercosur's talks with Japan and Bolivia's integration into the bloc.

China uses trade restrictions as a tool to exert economic pressure on Paraguay to force it to sever its diplomatic relations with Taiwan, while Paraguayan productive sectors struggle with lack of direct access to the Chinese market and push for formal trade ties with Beijing.

The price of live pigs in Paraguay has fallen to G. 9,700/kg, the lowest level since 2023, driven by regional and global factors such as export blockades, sanitary outbreaks, and shifts in demand.

Paraguayan exports with a Certificate of Origin totaled $693 million in May, with the Americas as the main market ($510 million), led by Brazil ($190 million), followed by Argentina ($170 million) and Chile ($60 million).