The Minister of Industry of Paraguay highlights the great potential of his country for Spanish companies

Gustavo Leite: “We want to become Spain’s best partner”

José Luis Bonet highlights the progress not only in macroeconomics, but also in social policy and the fight against poverty in Paraguay.

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More than eighty Spanish companies have shown interest in Paraguay as a destination future investments at the meeting held at the headquarters of the Chamber of Commerce of Spain ’s relationship with the Minister of Industry and Commerce of Paraguay, Gustavo Leite.

 

The event has been jointly organized by the Secretary of State for Commerce, the Chamber of Spain and Spanish Confederation of Business Organizations (CEOE). The president of the Chamber of Spain, Joseph Louis Bonet, and the Director General of International Trade and Investment, José Luis Kaiser, With the president of the Spanish Chamber of Commerce in Paraguay, Ignacio Ibarra, have inaugurated the meeting.

 

The Paraguayan Minister of Industry and Commerce has presented to the Spanish investors a new Paraguay with a stable and open economy, which recorded a growth rate of 4,1% last year and whose business climate has improved considerably in recent years.

 

Stability, predictability, and competitiveness are, according to the minister, the three most outstanding characteristics that Spanish companies will find when investing in his country. He also emphasized competitive energy prices, favorable taxation, and high productivity.

 

Regarding the sectors that Gustavo Leite He identified the following sectors as priorities: agri-food, infrastructure, automotive suppliers, and logistics and transport. “We need Spanish know-how and we want to become the best partner for Spanish companies,” he concluded.

 

 

The president of the Spanish Chamber of Commerce in Paraguay has encouraged companies to invest in the country and highlighted Paraguay's geostrategic location, situated between two major markets: Argentina and Brazil.

 

 

El president of the Spanish Chamber of Commerce, José Luis Bonet, has highlighted the Paraguayan government's efforts to move towards a more internationalized, diversified, sustainable and robust development model within the framework of the strategy of National Development Plan 2014-20130.

 

“The Paraguayan government,” he added. Joseph Louis Bonet, “it has a marked reformist character as shown by its continuous effort to promote private investment, improve public services, increase legal certainty and improve public services.

 

In turn, the Director General of International Trade and Investments, José Luis KaiserHe highlighted the potential for improvement in bilateral relations, both in foreign trade and investment. He also referred to the free trade agreement negotiations between the European Union y Mercosur, of which Spain is one of the main promoters, and which will open a market of more than 750 million inhabitants.

 

Finally, the president of the Spanish Chamber in Paraguay, Ignacio IbarraHe encouraged the companies participating in the meeting to invest in this country and highlighted Paraguay's geostrategic location, situated between two major markets: Argentina and Brazil“Its location,” Ibarra stated, “makes Paraguay on a very favorable logistics platform.”

 

La Chamber of Commerce of Spain This meeting, which was attended by more than 80 Spanish companies, has been held here. Among them, Alsa, Adif, BBVA, CAF, El Pozo Alimentación, Indra Sistemas, Mapfre, Sacyr, Seopan, Mercasa Cobra, Consultrans, Corsan or Yesos Millán.