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Paraguay’s foreign trade delayed by record low river levels

RIO DE JANEIRO, BRAZIL - Vessels carrying grains and other products on the Paraguay River near Asunción are at half capacity due to the low river flow amid a record drought that is affecting river trade throughout the region, industry representatives said.

The drought has dramatically lowered the level of the river flowing from its source in Brazil, crossing Paraguay and into the Paraná River in northern Argentina.

Experts estimate that the phenomenon, which began 3 years ago, will last at least until 2022 in the country, the world's 4th largest soybean exporter.

"The situation is critical and delicate . . .

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