RIO DE JANEIRO, BRAZIL - The Paraguay-Israel trade balance currently stands at 10-1, according to CACOPI chairman Alejandro Rubin Cymerman, speaking at the Chamber's 5th anniversary, on November 23.
"If Paraguay exports 10, it imports 1, but we must understand that they are complementary economies and not competitive, and there is still much to be done. We must exploit the Free Trade Agreement (FTA) that Israel has with MERCOSUR, it is key," he said.
Products imported from Israel into MERCOSUR are duty free, making them very competitive for a market which despite not being very . . .