MERCOSUR: Southern Common Market, Customs Union is the largest regional block in Latin America, is comprised of Argentina, Brazil, Paraguay and Uruguay, with an estimated population of 270 million inhabitants and an average GDP per capita of 10,800 USD, MERCOSUR is an attractive destination for investment, imports and exports. Paraguay has commercial and industrial zones that aims to the exchange of goods and services with the region and the world.
Major Trade Agreements: MERCOSUR has preferential agreements with South American countries (Bolivia, Chile, Colombia, Ecuador, Peru and Venezuela), which allows access to MERCOSUR products to any of these countries, with special tariff rates.
Likewise, since 2009, the Preferential Trade Agreement between MERCOSUR and India has entered into force. This includes a list of over 900 products that can be imported/exported under a preferential tariff scheme. MERCOSUR and India currently are working to broaden and deepen the framework agreement so as to boost exchanges between the two regions
Names and contacts of the major Chambers of Commerce in Paraguay:
REDIEX - Network of Investment and Export of Paraguay Ministry of Industry and Commerce
Center of Importers of Paraguay
Chamber of Producers and Exporters of Cereals and Oilseeds (CAPECO)
Paraguayan Chamber of Oilseed Processors (CAPPRO)
Chamber of Producers of Goods and Services (CAPRO)
Union of Guilds of Production
Industrial Union of Paraguay
Federation of Industrial Production and Trade (FEPRINCO)