Mario Abdo, the presidential candidate for the ruling party announced that he would not raise taxes on the agricultural sector in order to continue attractiveness to foreign and local investors in the industry.
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“ASUNCION (Reuters) – The ruling-party candidate in Paraguay’s April 22 presidential election, Mario Abdo, told Reuters on Thursday he would not raise taxes on the country’s key farm sector despite opposition calls for a levy on soybean exports.
“If we increase taxes, we can lose competitiveness and attractiveness to national and foreign capital,” said Abdo. The 46-year-old former senator belongs to the Colorado party. He is facing opposition figure and lawyer Efraín Alegre in next month’s vote.
There is no independent polling being done on the race. Abdo says his opinion polls show him 30 points ahead, while polls done by the opposition show a technical tie.
Some analysts and opposition figures like Alegre say Paraguay’s agricultural sector, which has helped boost the country’s gross domestic product in recent decades, should increase its contribution to the treasury.
The country produced more than 10 million tonnes of soybean for the first time last year and supplies from the country are expected to continue growing.
Paraguay has also become a major international beef exporter.
Abdo said in an interview that Paraguay should keep borrowing in the international capital markets to fund road and port projects that are key to growth.
“Within the debt structure, we also want to raise the percentage of multilateral credits, look for a balance. But we will continue with issuing bonds,” Abdo said.
The country issued a 30-year bond last week for $530 million at 5.6 percent.
Abdo’s father was private secretary and an influential figure in the government of Alfredo Stroessner, who ruled the country with an iron hand for 35 years. Abdo’s detractors call him “a son of the dictatorship”.”
Southern Connections is proud to participate at the largest virtual expo of South america. To visit us at our stand, please click here: https://expoalemania.com
read moreFollowing the success of the SF Lapacho pilot project, Southern Farmlands is pleased to introduce SF Palo Santo!
read moreMarito Abdo, Paraguay’s new president took office last week. His main focus will be to cut poverty and fight corruption. Major changes to economic policy were not expected.
read moreAbdo supports current low-tax policies aimed at stimulating foreign investment and agricultural production in the world’s No. 4 soybean exporter and a major supplier of beef.
read moreNew trade agreements between Paraguay and various countries
read morePresident Tsai Ing-wen received the Paraguayan delegation on Monday
read moreSouthern Connections is attending Agriscape trade show and congress in AbuDhabi next month.
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read moreThe U.S. has given sanitary approval for the entry of Paraguayan meat into the North American market. It is expected that within 6 months Paraguay will officially start exporting to this new market.
read moreWe are speaking on behalf of Southern Farmlands at the Business Strategy and Wealth Conference in Port Elizabeth – South Africa on the 03/10/2017!
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read moreAgricultural Technology helps farmers around the world to operate more efficiently, and is a key element in the mission to feed a rapidly growing world population.
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read moreParaguay is preparing to issue its first legislation to support the development of renewable energy sources, including solar and wind power, by the end of 2017.
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read moreWith more than 94% of the rural population accessing safe water, nations across Latin America and beyond can learn from Paraguay’s phenomenal success.
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read moreParaguay’s continous economic growth keeps it on track to soon reach investment grade rating.
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UAE and Paraguayan authorities have signed an agreement on the avoidance of double taxation and promotion of investments. Click below to read more!
read moreParaguay keeps rate, lower risk to inflation from USD Original article: Central Bank News Paraguay’s central bank maintained its monetary policy rate at 5.50 percent for the seventh consecutive month, saying the risk to domestic inflation from abroad had eased temporarily in light of the recent depreciation of the U.S. dollar at the global level….Read More→
read moreExcellent Publication by the German-Paraguayan Chamber of Industry and Commerce.
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read morePrestigious international brands sample Paraguayan leather for use in the automotive and foot apparel industry.
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read moreIn an interview, Paraguay’s central bank president says GDP is expected to rise 4% this year, up from previous estimates of 3.5%
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read moreWe are very happy to announce the launch of a new farmland investment initiative in the Paraguayan Chaco: Southern Farmlands
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read moreThe latest publication by the German Paraguayan Chamber of Commerce and Industry
read moreArticle of the Frankfurter Allgemeine on economic growth in South America
Gerade die ärmsten und kleinsten Länder bieten Lichtblicke am düsteren Konjunkturhimmel der Region. Auf dem Brüsseler Gipfel präsentieren sie sich selbstbewusst.
read moreA German and Spanish commentary by the Uruguayan-German Chamber of Commerce on Uruguay exporting a new certified beef line that is free of any artificial antibiotics, hormones and protein
read more“For any recreational property buyer, one of the most important things you’ll want to know is whether the price you’re paying truly reflects that property’s market value”
An article by LandThink.com – Click below to read more!
read moreParaguay’s minister of Industry and Commerce to participate at the 14th Latin American conference of German commerce in Berlin, Germany.
read moreFollowing a presentation in spanish on the current market conditions for Paraguayan beef, including a future outlook, shared with the permission of the Paraguayan vice-president of the ministry of livestock.
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read moreSaudi Arabia expected to receive its first delivery of Paraguayan Beef by the end of the year
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read moreEinwanderungsberatung – dienstleistungsorientiertes deutschsprachiges Notariat und Consulting-Büro
read moreThe Ambassador of Israel in Paraguay, Peleg Lewi, is reinforcing the relationship between the two countries, informing that Israel is a major beef importer from Paraguay, while the later currently uses a lot of agricultural technology from Israel.
read moreThe following is an advertisement flyer of Frigorifico Neuland, one of the local slaughterhouses in Paraguay. It offers information on local beef production and processing, meat quality, as well as export and local consumption.
read moreBrazilian JBS to invest US$ 60 Million in new slaughter facility in Paraguay.
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read moreTo successfully acquire agricultural real estate and engage in livestock production, a relatively high minimum investment is required. We are happy to offer a solution to lower minimums.
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Paraguay’s reputation as an investment destination has suffered in recent years but its openness to foreign investment and the tax incentives on offer are making it increasingly appealing, argues Lennart Stahr of family-run Southern Connections Agro Consulting and Management.
read moreThe following is an article by Mr. Peter Martin from Martin Financial Solutions, LLC on the country of Paraguay, and the Chaco region, as an investment destination
read moreA great video on Paraguay, showcasing some economic data and fiscal benefits of foreign investments in the country
read moreRelease on the current economic development of Uruguay as well as news and trade in individual sectors.
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read moreHappy 2015 from the Southern Connections Team/USDA Paraguay Livestock and Products Annual 2014
read moreBeef and veil are China´s fastest growing fresh meat performers. Increasing local demand and a declining national heard cause prices to spiral upward.
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read moreOur editorial on the livestock investment opportunities in the Chaco area of Paraguay. Featured on Global AgInvesting.
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read moreIn the last meeting between the five countries with the highest production of beef in the world, Paraguay was accepted as an observer for a period of one year to later become a full member of the Pacific Alliance
read moreParaguay is the world´s 8th largest beef exporter and plans to double current export by the year 2020.
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read moreOriginally tailored towards investments in U.S. farmland, the key arguments outlined in this article are true for investments anywhere around the world.
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read moreWarum Sie Jetzt In Südamerika Investieren Sollten
An article by german financial news editor and author Thomas Freud on the investment opportunities in Paraguay.
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An exceptional research paper on new investments in the Paraguayan Chaco by Gemma Verijdt from the University of Utrecht.
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Uruguay will host the World Meat Congress in 2016 in the city of Punta del Este.
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An excellent blog on why investing in farmland makes sense for any investor.
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Land Holdings May Provide Income, Diversification and a Hedge Against Inflation
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read moreAn informative analysis on the current market conditions of the livestock sector by Investor Economía, focused mainly on the South American region.
read moreWorldwide food prices are rising significantly. with Cityscape Qatar starting tomorrow, do not miss this opportunity visit us at stand 8D40 to find out more about the incredible opportunities available in agricultural real estate!
read moreUruguay Wirtschaft/Uruguay Economía
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Organic beef is full of important nutrients necessary for human health. Click here to find out more.
read moreThe latest in Real Estate. See it first at Cityscape Qatar!
read moreGlobal beef demand is increasing, mainly due to a decrease in supply from regions of production. The article also includes regional outlooks for the beef industry along with current market information after the first quarter of 2014.
read moreAn article by Paraguay´s “La Nación” on the reopening of the Paraguayan beef export to the European market.
read moreSouthern Connections will attend the City Scape Qatar Real Estate exhibition in Doha, Qatar from 2 – 4 of June!
read moreAn excellent video and article on the great investment opportunities of Paraguay! A must see for anyone interested in investing in the country. Let us help you be part of the economical boom of Paraguay, contact Southern Connections today!
read moreA monthly press release by the Uruguayan-German Chamber of Commerce and Industry on the economy of Uruguay in German and Spanish
read moreAlthough a bit outdated, this article from “Business Insider” describes the basic agricultural business fundamentals and gives an introduction into Paraguayan Farming. We highly recommend this article to anyone looking to find out more about the benefits of investing in farmland.
read more(Spanish) The credit rating agencies Moody´s and Fitch have raised their qualifications for Paraguay.
read moreAn article from the Paraguayan News Agency “La Nación” which explains that the International Monetary Fund has ranked the country as one of the best economies of Latin America
read moreThere is a strong small to medium scale pasture seed production in the Central Chaco of Paraguay at farm level. The seed produced are Panicum maxium cv. Gatton, Cenchrus ciliaris cv. Texas 4464 and Bella, Urochloa mosambicensis, Chloris gayana cv. Callide, selections of Digitaria milanjiana, Panicum coloratum cv. Bambatsi, Sorghum sudanense, Leucaena leucocephala, Alysicarpus vaginalis, Desmanthus virgatus cv. Filadelfia and Stylosanthes hippocampoides cv.
read moreBeef is commonly produced in extensive systems on the 165,000 square km of native pastures and grazed bush land plus 33,000 square km of cultivated pastures. Main capital investments refer to fencing, establishment of herd handling facilities, construction of dams or so called “Tajamares” (basins for rain water collection) and pasture establishment and maintenance.
read moreThe Paraguayan Chaco is dominated by geologically relatively young eutric cambisols and orthic luvisols with loamy textures (BGR 2001). As the distance from the Andes increases, soils tend to become finer in texture. The dominating soils in the Chaco have no major limitations in soil fertility, there are however big differences in water availability (drought and excess of water) over long periods (Fatecha 1989).
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