Paraguayan Finance Minister Announces Opening to Chinese Investments
Paraguay, the only country in South America that maintains diplomatic relations with Taiwan, is considering the possibility of attracting investments from China to boost its emerging green hydrogen industry, according to Carlos Fernández, the nation’s Minister of Economy and Finance. Paraguay has abundant water resources and renewable energy from its two major hydroelectric dams, placing it in a strategic position to produce green hydrogen and convert it into synthetic fuels and fertilizers.
Paraguay and Taiwan strengthen cooperation ties in Hualien Air Base
Paraguayan President Mario Abdo Benítez began an official visit to the Republic of China (Taiwan) from February 14 to 18, where he held important talks with different sectors related to military, commercial, technical, and cultural exchanges with the Asian nation.
Guatemala, Paraguay, and Argentina take a stand on Taiwan
As of July this year, the People’s Republic of China has undertaken military exercises -using live fire- on the border it shares with Taiwan. The development of these activities has created tension in the international system. In the Latin American and Caribbean, there have been several declarations in this regard.
Conmebol donated Sinovac vaccines to Paraguay
Alejandro Domínguez, president of Conmebol, announced a donation of 30,000 Sinovac vaccines by Conmebol to the Paraguayan Ministry of Health as a sign of gratitude for the organization of the upcoming Women’s Libertadores Cup, with the exception of the final to be held at the Centenario Stadium in Montevideo.