EENI Global Business School
Business in Paraguay, Asuncion

Syllabus of the Subject: Foreign Trade and Business in Paraguay - Asuncion

  1. Introduction to the Republic of Paraguay (South America)
  2. Paraguayan Economy
    1. Main economic sectors of the Paraguayan economy
  3. Doing Business in Asuncion
  4. Paraguayan International Trade (Import, Export)
  5. Paraguay-Parana Waterway
  6. Access to the Paraguayan Market
  7. Business Plan for Paraguay

The aims of the Subject “Foreign Trade and Business in the Republic of Paraguay” are the following:

  1. To analyse the Paraguayan Economy and Foreign Trade (Import, Export, FDI)
  2. To know the business opportunities in the Republic of Paraguay
  3. To explore the Paraguayan trade relations with the country of the student
  4. To know the Paraguayan Trade Agreements
  5. To develop a business plan for the Paraguayan Market
The Subject “Foreign Trade and Business in Paraguaybelongs to the following Online Higher Education Programs taught by EENI Global Business School:
  1. Masters: Business in America, International Business, Foreign Trade
  2. Doctorates: American Business, World Trade
  3. Diploma: Business in South America

Online Students, Master in International Business and Foreign Trade

Learning materials in Courses, Masters, Doctorates in International Business in English or Masters Foreign Trade in Portuguese Paraguai Study Master Doctorate Business in Spanish Paraguay Study, Master in International Business in French Paraguay

  1. Credits of the Subject “Foreign Trade and Business in Paraguay”: 1 ECTS Credits
  2. Duration: one week

Sample of the Subject - Doing Business in Paraguay:
International Trade and Business in Paraguay

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Description of the Subject: Foreign Trade and Business in Paraguay

Paraguayan Free Trade Agreements and Market Access

  1. Paraguay and the Latin American Economic Area
  3. MERCOSUR Free Trade Agreements (FTA): Andean Community, Mexico, Peru, Chile, India, Egypt, Israel, European Union, Southern African Customs Union (SACU)
  4. Latin American Integration Association (ALADI)
  5. Andean Community (associate member)
  6. Paraguay has bilateral Free Trade Agreements (FTA) with the European Union (EU), India, and the Gulf Cooperation Council (GCC)
  7. Union of South American Nations (UNASUR)
  8. Latin American and Caribbean Economic System (SELA)

International Trade Facilitation Programs

  1. World Trade Organisation (WTO)
    1. Agreement on the Application of Sanitary and Phytosanitary Measures (SPS)
    2. Agreement on Technical Barriers to Trade (TBT Agreement)
    3. Agreement on Preshipment Inspection
    4. Agreement on Safeguards (SG)
    5. Trade Facilitation Agreement (TFA)
  2. World Customs Organisation (WCO)
    1. Revised Kyoto Convention

The Republic of Paraguay.

  1. Paraguay has significant water resources; the Guarani Aquifer System is the largest fresh water reserve in the World
  2. The Paraguayan rivers make their land very suitable for soybeans and cotton (main Paraguayan export products)
  3. Borders of the Republic of Paraguay: Brazil, Bolivia, and Argentina
  4. Paraguay has two official languages: Spanish and Guarani
  5. Capital of Paraguay: Asunción
  6. Paraguayan Population: 7 million people
  7. Paraguayan Area: 406,752 square kilometres
  8. Independence of Paraguay from Spain: 1811
  9. Abolition of Slavery in Paraguay: 1842
  10. African Diaspora in Paraguay: 0.2 million people (3.5% of the Paraguayan population)

Religion in Paraguay: Christianity (Catholicism: 6 million)

Paraguay belongs to the Latin American Economic Area of the Western Civilisation

Paraguayan Economy.

  1. The Economy of the Republic of Paraguay (America) is small and open, with extensive reliance on the international trade and local commerce
  2. The Paraguayan economy is based on a few agricultural products production and export (soybeans and vegetable oils) and meat
  3. Business related to import and consumer products re-export is strong in the informal economic sector
  4. The Paraguayan services sector represents 49% of the gross domestic product
  5. The Paraguay-Parana Waterway is intended to develop the logistics system between the Parana region (Brazil, Paraguay, and Argentina)
  6. The production structure of the Republic of Paraguay has undergone profound changes, such as the agriculture
  7. The Paraguayan gross domestic product showed a negative growth rate of -3.8%.
  8. The Itaipu hydroelectric dam is a joint venture between Paraguay and Brazil located on the Parana River; the dam is the world's largest hydroelectric central. The energy produced by Itaipu would be enough to supply electricity consumption worldwide for two days
  9. The currency of Paraguay is the Paraguayan Guarani (PYG)
  10. New Law on Public-Private Partnerships

Central Interoceanic Hub America (Master)

Foreign Trade of Paraguay.

  1. Total Paraguayan exports: 13,116 million dollars
  2. The main Paraguayan export products are soybean (47%), vegetable oils (52%,) and meat products (5%)
  3. The SOFIA System is a computerised customs clearance system that interacts directly with the Customs Brokers, transportation Companies, Custodians, Customs Officials, and organisations related to International Trade
  4. Paraguay was suspended of the MERCOSUR in 2012-2013

MERCOSUR (Brazil, Argentina, Uruguay, Paraguay) Common External Tariff

Economic Organisations

  1. Inter-American Development Bank (IDB)
  2. Economic Commission for Latin America and the Caribbean (ECLAC)
  3. Community of Latin American and Caribbean States (CELAC)
  4. Organisation of American States (OAS)
  5. United Nations (UN)
  6. World Bank (WB)
  7. World Trade Organisation (WTO)
  8. International Monetary Fund (IMF)

Samples - Business in Paraguay

Union of South American Nations (UNASUR) Argentina, Brazil, Bolivia, Colombia, Chile, Ecuador, Guyana, Paraguay, Peru, Suriname, Uruguay, and Venezuela

Paraguayan Economy (Master, Course)

European Union-MERCOSUR (Argentina, Brazil, Uruguay, Paraguay) Free Trade Agreement

Egypt-MERCOSUR (Argentina, Brazil, Uruguay, Paraguay) Free Trade Agreement

Mexico-MERCOSUR (Argentina, Brazil, Uruguay, Paraguay) Free Trade Agreement

Andean Community-MERCOSUR (Argentina, Brazil, Uruguay, Paraguay) Free Trade Agreement (FTA)

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