Latin Lawyer 250 2017

Paraguay

Paraguay market overview

To the envy of its neighbours, Paraguay’s economy has grown on average at 5% a year over the past decade. Investors are attracted to the country’s traditional agriculture and livestock industries, as well as a more recent infrastructure programme and the discovery of oil in the Chaco region. The government has introduced a number of legislative changes to bring in more foreign companies. These include laws for public–private partnerships and laws to stabilise the country’s tax regime with investment guarantees. read more