RIO DE JANEIRO, BRAZIL - Vice-Minister of Economic Relations and Integration, Ambassador Raúl Cano Ricciardi announced that after intense months of negotiations, the extension of the MERCOSUR special regimes was approved, a key step for Paraguay as they extend the terms expiring in 2023 up to 2030.
He explained that States Parties are authorized to make use of the temporary admission regime, the basic instrument of the maquila regime in Paraguay (system in which goods are produced and services are provided for the international market), until the year 2030. In the same decision, he said that the raw material . . .