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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.
mercosursantiago-penaargentinaboliviachileParaguay recorded deflation of 0.3% in June, reducing its annual inflation rate to 2.1%, the second lowest in the region, behind only Ecuador.
argentinaboliviaThe foreign ministers of Paraguay, Uruguay, and Bolivia signed the formal reactivation of the Urupabol integration mechanism in Asunción, which aims to strengthen political coordination and cooperation in areas such as infrastructure and trade.
mercosururupabolruben-ramirez-lezcanojavier-mileiboliviaParaguay formally joined the Santiago Regional Commitment against Transnational Organized Crime in June 2026, during the 56th General Assembly of the OAS in Panama City, expanding the agreement initially signed by Argentina, Bolivia, Chile, Ecuador, and Peru.
boliviaruben-ramirez-lezcanochileecuadorperuThe Paraguayan government, through its embassies in Bolivia and Peru, is providing consular assistance to Paraguayan citizens stranded and unable to travel within Bolivian territory due to weeks-long protests and road blockades.
boliviaoruroParaguay ended May with the third-lowest country risk in Latin America and the Caribbean, with an EMBI of 104 basis points, trailing only Uruguay (61 points) and Chile (86 points), according to data from Bloomberg Línea based on the index compiled by J.P. Morgan.
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