President Santiago Peña stated that Paraguay is following Singapore's path, with low taxes generating investments and jobs, during the groundbreaking ceremony for the Paracel pulp mill in Paso Horqueta, Concepción. He also criticized those who doubt the project and paid tribute to former President Juan Carlos Wasmosy.
Singapur
Destino de los envíos paraguayos de desperdicios de cobre.
Paraguay's exports of copper waste and scrap totaled US$ 48.7 million between January and April 2026, a 136% jump compared to the same period last year, according to the Central Bank of Paraguay. The recycled material, sourced from cables, motors, and household appliances, is mainly destined for China, Malaysia, the United States, Singapore, and Vietnam.