Investing in Paraguay
In recent years, landlocked Paraguay has developed into South America’s star economy, with growth rates that are the envy of the region. We assess its business, political, diplomatic and social prospects and, not least, its pending and sensitive renegotiation with neighbouring Brazil of the treaty concerning the huge Itaipú dam
![Aerial view of a tugboat pulling a barge along the Paraguay river in Asuncion on April 20, 2018. - Encouraged by its massive production of soybeans in the recent years, Paraguay has become the undisputed leader in river navigation in Latin America and is ranked third in the world, surpassed only by the United States and China. (Photo by Eitan ABRAMOVICH / AFP) / The erroneous mention[s] appearing in the metadata of this photos by Eitan ABRAMOVICH has been modified in AFP systems in the following manner: [byline: EITAN ABRAMOVICH] instead of [MARIANA SUAREZ]. Please immediately remove the erroneous mention[s] from all your online services and delete it (them) from your servers. If you have been authorized by AFP to distribute it (them) to third parties, please ensure that the same actions are carried out by them. Failure to promptly comply with these instructions will entail liability on your part for any continued or post notification usage. Therefore we thank you very much for all your attention and prompt action. We are sorry for the inconvenience this notification may cause and remain at your disposal for any further information you may require. (Photo credit should read EITAN ABRAMOVICH/AFP/Getty Images)](https://www.ft.com/__origami/service/image/v2/images/raw/https%3A%2F%2Fwww.ft.com%2F__origami%2Fservice%2Fimage%2Fv2%2Fimages%2Fraw%2Fhttp%253A%252F%252Fcom.ft.imagepublish.upp-prod-eu.s3.amazonaws.com%252Ff59cb816-899d-11e9-97ea-05ac2431f453%3Fsource%3Dnext-article%26fit%3Dscale-down%26quality%3Dhighest%26width%3D700%26dpr%3D1?source=next&fit=scale-down&dpr=2&width=240)
