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Home LatinAmerica PARAGUAY

Paraguay’s Foreign Minister Visits UAE to Strengthen Bilateral Ties and Explore New Trade Opportunities

Stefanno Martin by Stefanno Martin
January 4, 2025
in TRADE
Reading Time: 2 mins read
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Paraguay’s Foreign Minister Visits UAE to Strengthen Bilateral Ties and Explore New Trade Opportunities
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In a high-level meeting, Paraguay’s Minister of Foreign Affairs, Rubén Ramírez Lezcano, held talks with his counterpart from the United Arab Emirates (UAE), Sheikh Abdullah bin Zayed Al Nahyan. The meeting, which also included the presence of Carolin Konther López, Paraguay’s Ambassador to the UAE, and Reem bint Ebrahim Al Hashimy, the UAE Minister of State for International Cooperation, focused on key topics to enhance bilateral ties and explore new opportunities for collaboration between the two nations.

Advancing Strategic Projects
The ministers highlighted the importance of ongoing infrastructure projects in Paraguay, such as the commuter train and the international airport. These initiatives were recognized as key drivers of the country’s economic growth and potential areas of interest for Emirati participation through strategic investments.

Ambassador Carolin Konther López brought a comprehensive perspective on how these projects could benefit from local knowledge and connections, facilitating future strategic alliances.

Boosting Bilateral Trade
Another central topic of the meeting was the potential for the UAE to serve as a gateway for Paraguayan products into the Gulf and Middle Eastern regions. This effort aims to diversify Paraguay’s exports, particularly in agricultural sectors such as meat and soybeans, which are highly demanded in the region.

Ambassador Carolin Konther López played a vital role by providing insights into the country’s export capabilities and the commercial opportunities that could be explored through partnerships with Emirati companies.

Exploring Technical and Scientific Cooperation
Reem bint Ebrahim Al Hashimy, the UAE Minister of State for International Cooperation, joined the discussions and emphasized the importance of fostering synergies between the two countries in the areas of technical and scientific cooperation. Both sides agreed to explore collaborations in renewable energy, technology transfer, and capacity-building programs, aiming to strengthen their partnership in innovative and forward-looking sectors.

Progress on the Mercosur-UAE Agreement
In the multilateral arena, the ministers reviewed progress on the agreement between Mercosur and the UAE, which aims to foster trade and investment between the two regions. This agreement would position Paraguay as a key player within the bloc while opening new doors for the UAE in South America.

Future Prospects
The active participation of Ambassador Carolin Konther López and Minister Reem bint Ebrahim Al Hashimy underscored the importance of joint efforts in this new phase of bilateral relations. With concrete projects underway, expanding trade opportunities, and a shared commitment to technical and scientific advancements, Paraguay and the UAE are advancing toward a partnership that promises significant benefits for both nations, now and in the future.


(C) latingulf.ae

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Stefanno Martin

Stefanno Martin

Co-Editor of Latin & Gulf News. Since beginning my journey in journalism in 2004, I’ve dedicated my career to exploring and reporting on the evolving relationship between Latin America and the Gulf region. Through my work, I aim to connect cultures, highlight business opportunities, and share the stories that shape our shared future.

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