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Major foreign direct investors in Paraguay include the USA, Brazil and Spain. We are working very hard to attract investments and, therefore, we are becoming more attractive as a business and investment destination. In the last three years at least 200 middle-sized companies have been established in Paraguay. Even though we cannot compete directly with our bigger neighbors, we can certainly complement them. Our international trade is on the rise and we are supported by strategic logistical facilities. Our larger trading partners include Brazil, Chile, Russia, Argentina and India (primarily soya oil).
-H.E. Mr Fleming Raul Duarte Ramos, Ambassador of Paraguay to India