Keys & Trends Report - 2019-11-03

  • The introduction of the cultivation and industrialization of industrial and medicinal cannabis signals a significant development in the Paraguayan agricultural landscape. The introduction of the crop will be aimed at small rural producers.

  • The signing of the automotive agreement with Argentina, and the imminence of another similar agreement with Brazil, will help consolidate and boost the national production of autoparts, according to authorities and entrepreneurs of the sector.

  • The low level of the Paraguay and Paraná rivers, as well as the persistent drought, affect navigation and agriculture. The level of the Paraguay River is less than 1 meter in Asuncion, while in May it reached over 7.5 meters.

 

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