Paraguay's Urgency for Direct Trade with China

In a recent discussion, experts highlighted the critical need for Paraguay to enhance its trade relations with China, suggesting that the current indirect export strategy is economically unsustainable. The commentary pointed out that a lack of direct commerce is leaving Paraguayan producers at the mercy of intermediaries, who ultimately profit from the nation’s agricultural output. This situation is viewed as unfortunate, especially considering the natural resources and agricultural capabilities of Paraguay. Experts urge the Paraguayan government to act quickly and decisively in establishing more direct ties with China, emphasizing the diplomatic principle of ‘One China.’ This principle reinforces that Paraguay must choose between recognizing Beijing's sovereignty versus Taipei's. Moving away from reliance on intermediaries could lead to better profit margins for local producers, thereby strengthening the country’s economy as a whole. Priority actions could include negotiating bilateral agreements to facilitate exports and increase market access to Chinese consumers. Without swift action, Paraguay risks falling behind as other nations strengthen their economic partnerships with China.