The visit focused on strengthening trade relations. It reaffirms the commitment of the British government to increasing bilateral trade with Paraguay.
The Department for International Trade Paraguay and the British Embassy in Paraguay put together an encompassing agenda. The programme included meetings with Paraguay government, unions and British-business stakeholders.
Deputy Commissioner Mahony had the opportunity to meet with representatives of the Ministry of Industry and Trade.
In addition to government, Deputy Commissioner Mahony also met representatives of important trade unions such as the Industrial Union of Paraguay, and the Rural Association of Paraguay.
The agenda also included meetings with representatives of British companies and subsidiaries in the country. The visit ended with a social gathering with the Paraguayan-British Chamber of Commerce.
A key point of interest is to share the UK's potential for technological innovation and sustainability. One of the most recent investments British-stakeholder investment comes by the hand of Atome Energy PLC. The venture estimates an input of USD 5 million for the production of green hydrogen and ammonia in Paraguay.
On trade and new technologies, Commissioner Mahony said:
The UK is a powerhouse in areas such as the use of hydropower, solar energy or biomass. We also have expertise in more sustainable technology in agriculture, hydropower, health diagnostics and cyber security.
We are excited to share this with Paraguay.
Visit the Department of International Trade page to learn more about doing business in Paraguay
