IBOV 209,066.90 ▲ 1.38% IPSA 11,044.42 ▲ 0.18% IPC MEX 66,048.57 ▲ 1.63% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 ▲ 0.21% BVL PERÚ 59,610.00 ▲ 2.26% USD/BRL4.99▼ 0.71% USD/MXN18.36▲ 0.89% USD/CLP975.06▼ 0.40% USD/COP3,187▼ 1.85% USD/PEN3.43▼ 0.41% USD/ARS1,517— 0.00% USD/UYU40.21▲ 3.49% USD/PYG5,676▲ 0.52% USD/BOB11.77▲ 1.12% USD/DOP60.87▲ 1.11% USD/CRC450.81▲ 1.91% USD/GTQ7.64▲ 3.27% USD/HNL26.86▲ 3.27% USD/NIO36.62▲ 0.31% USD/VES873.46▼ 0.13% USD/PAB1.00— 0.00% USD/BZD2.00— 0.00% USD/JMD 157.28 — 0.00% USD/TTD6.75▲ 2.74% EUR/BRL5.59▼ 0.61% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73% IBOV 209,066.90 ▲ 1.38% IPSA 11,044.42 ▲ 0.18% IPC MEX 66,048.57 ▲ 1.63% MERVAL 2,828,027 ▼ 0.16% COLCAP 2,531.15 ▲ 0.21% BVL PERÚ 59,610.00 ▲ 2.26% USD/BRL 5.16 ▲ 0.01% USD/MXN 17.06 ▼ 0.24% USD/CLP 913.98 ▲ 0.04% USD/COP 3,140 ▲ 0.03% USD/PEN 3.36 ▼ 0.66% USD/ARS 1,493 ▲ 0.10% USD/UYU 40.27 ▲ 1.24% USD/PYG 5,939 ▲ 1.68% USD/BOB 11.64 ▼ 0.76% USD/DOP 58.34 ▲ 1.25% USD/CRC 445.92 ▲ 0.89% USD/GTQ 7.62 ▲ 2.21% USD/HNL 26.79 ▲ 1.57% USD/NIO 36.62 ▲ 0.69% USD/VES 762.44 ▼ 0.13% USD/PAB 1.00 — 0.00% USD/BZD 2.00 — 0.00% USD/JMD 157.28 — 0.00% USD/TTD 6.70 ▲ 0.61% EUR/BRL 5.95 ▲ 1.01% BRENT 88.88 ▼ 0.03% WTI 83.11 ▼ 0.11% IRON ORE 161.91 — — COPPER 6.61 ▲ 0.03% GOLD 4,461 ▲ 1.78% SILVER 65.59 ▲ 1.26% SOY 1,184 ▲ 3.20% CORN 480.50 ▲ 10.02% WHEAT 655.00 ▲ 3.93% COFFEE 317.25 ▼ 5.51% SUGAR 16.43 ▼ 1.79% ORANGE JUICE 138.55 ▼ 0.47% COTTON 85.03 ▲ 2.33% COCOA 5,719 ▲ 3.18% BEEF 223.60 ▼ 3.93% CATTLE 339.10 ▼ 3.16% LITHIUM 75.20 ▲ 1.47% PETR4 41.64 ▼ 0.05% VALE3 72.97 ▲ 0.83% ITUB4 38.60 ▼ 1.03% BBDC4 16.85 ▲ 0.36% ABEV3 14.89 ▼ 0.80% BBAS3 19.37 ▲ 0.47% B3SA3 14.26 ▼ 0.21% WEGE3 47.59 ▲ 0.49% PRIO3 59.14 ▼ 0.19% SUZB3 41.33 ▲ 2.35% RENT3 34.68 ▼ 0.09% AZZA3 15.89 ▼ 2.63% CSAN3 3.22 ▼ 1.83% RAIZ4 0.25 — 0.00% PCAR3 2.75 ▼ 0.36% GMAT3 3.65 ▼ 1.08% PSSA3 48.13 ▼ 0.54% CVCB3 1.33 ▼ 2.92% POSI3 3.36 ▲ 2.44% SLCE3 13.34 ▲ 0.30% NATU3 8.14 ▼ 0.73%
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Paraguay ready for unconditional diplomatic ties with China, retains relations with Taiwan

By · June 13, 2023 · 2 min read

In an interview with Sputnik, Paraguay’s incoming Foreign Minister, Rubén Ramírez Lezcano, expressed readiness to foster diplomatic ties with China without any preconditions while maintaining the country’s existing relationship with Taiwan.

Ramírez Lezcano, who previously served as the foreign minister from 2006 to 2008, said that the next government would be open to dialogue and establishing diplomatic, consular, and trade relations with China.

He noted that China is a significant global market and a major recipient of Mercosur’s agri-food raw materials.

Rubén Ramírez Lezcano.
Rubén Ramírez Lezcano.
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Paraguay seeks to rectify the trade imbalance with China, as it imported around $5 billion worth of goods last year, a figure that exceeded US$3 billion in the first quarter of this year.

Furthermore, the future government, led by President-elect Santiago Peña, is keen on diversifying markets and adding value to raw materials, industrial products, and services.

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Paraguay is also open to a potential free trade agreement between Mercosur and China.

On the issue of Ukraine, Ramírez Lezcano affirmed Paraguay’s support for Brazilian President Luiz Inacio Lula da Silva’s peace proposal.

He reiterated the importance of dialogue and peaceful resolution to the Ukrainian crisis.

With information from Sputnik

Paraguay news, English news Paraguay, economic news Paraguay, China Paraguay relations, China Taiwan relations

Key Facts

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— For the complete picture, read our in-depth guide: Paraguay: Washington's Most Valued Ally in Latin America

This article was produced by The Rio Times’ automated newsroom system. How we use AI · Report an error · Editorial responsibility: Matthias Camenzind, Editor-in-Chief

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