Paraguay, a landlocked nation in South America rich in hydro and hardwood resources, is seeing a growing appreciation for Chinese products within its markets. The agriculture sector remains a cornerstone of the country’s economy, and local entrepreneurs are looking towards Asia for new opportunities.
Abel Gamarra Guggiari, a director of a prominent retail company in Paraguay, shared his insights with CGTN on the evolving perception of Chinese brands among Paraguayans. “Chinese brands are prominent in the Paraguayan market,” he noted. “China has top-tier factories, and Paraguayans have an increasingly positive view of Chinese products.”
Gamarra Guggiari expressed his optimism for the future of Paraguay-China relations. “I have a very good impression of all products from Chinese factories and suppliers,” he said. “I hope that in the future, Paraguay and China can grow closer together, as this would greatly benefit Paraguay’s development.”
The businessman’s remarks highlight a desire among Paraguayan business leaders to enhance economic ties with China. Closer collaboration could open doors for increased trade, investment, and cultural exchange, potentially bolstering Paraguay’s economic growth and diversification.
As global markets continue to evolve, Paraguay’s interest in strengthening connections with China reflects a broader trend of South American countries engaging more deeply with the Asian economic powerhouse. Such developments could have significant implications for regional trade dynamics and international relations.
Reference(s):
@China: Paraguayan businessman expects closer ties with China
cgtn.com
