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List of upcoming international conferences in Paraguay 2021. Here you can find the upcoming conference date, conference name and venue. The list of following conferences are including the following topics like business related conferences, engineering conferences, education, social sciences, law, life sciences, mathematics, medicine, regional studies, and interdisciplinary conferences. The co-creation process of Paraguay’s fourth action plan was highly collaborative, resulting in a plan that engages all three branches of government and covers the 17 Sustainable Development Goals. However, due to an overlap with national elections, the process faced challenges associated with the resulting political transition. The IRM recommends the creation of a rules. During this pandemic, we need all the support we can get. To share the wisdom of its authors, Mango Publishing Group began a weekly virtual event titled “Wisdom from the Heart During These Challenging Times.”.

Landlocked Paraguay is home to roughly seven million people. It’s also home to the world’s second largest hydroelectric plant, and Paraguay is the sixth largest soybean producer in the world. The entrepreneur and technology scene is still beginning in the country, but people are taking steps to get new ideas off the ground. Here are ten facts about the business, technology, and entrepreneur landscape in Paraguay.

1. Fundación Paraguaya uses technology to eliminate poverty

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Fundación Paraguaya (Paraguay Foundation) introduced a poverty assessment tool called Poverty Stoplight. Families use the tool to take a 30-minute survey, which assesses their poverty levels and provides a clear plan to overcome it. Now, more than 18 countries around the world use Poverty Stoplight to address and seek to eliminate poverty.

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2. Starting and maintaining a business in Paraguay is not easy

According to the World Bank’s Doing Businessreport, Paraguay ranks very low. Overall, the country ranks 113 out of 190. And for starting a business, Paraguay ranks 151 out of 190. One reason for this is gaining access to credit is near-impossible, and the government actually made this process more difficult back in 2017 by limiting the distribution of historical data on borrowers.

3. The population is young and entrepreneurial

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Jóvenes Empresarios del Paraguay, or Young Entrepreneurs of Paraguay, helps entrepreneurs between the ages of 18 and 40. The non-profit has partnerships with over 120 companies and seeks to contribute to the sustainable development of Paraguay. Though Paraguay ranks quite low internationally for entrepreneurial efforts, the young population seems to want to boost these figures.

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4. There is substantial government investment in science and technology

Back in 2017, the government announced it would double the budget to advance the field of technological research, such as robotics and aerospace. Paraguay has experienced vast technical achievements thanks to the creation of hydroelectric power plants. The country hopes to launch its first satellite by 2021. The programs to fund and invest in science, technology, and innovation do exist, but they are outdated (signed in 2006).

5. Accelerators push innovation forward

There are different accelerators in Paraguay that help provide resources and networking opportunities in Paraguay. Startup Lab and Koga are two key organizations that seek to support local startups in the country move forward. And co-working spaces such as Loffice help bring the entrepreneurial community together.

6. The government encourages foreign investment

Paraguay’s government actively encourages private foreign investment. Furthermore, the country “guarantees equal treatment of foreign investors and permits full repatriation of capital and profits. Paraguay has historically maintained the lowest tax burden in the region, with a 10 percent corporate tax rate and a 10 percent Value-Added Tax (VAT) on most goods and services.”

7. Agtech could burgeon in Paraguay

Paraguay is an agriculture economy. In the last 14 years, Paraguay doubled its agricultural area and tripled its production. New technological solutions could put the country on the map as an agtech innovator. There are not very many startups in Paraguay, but there seems to be an opportunity in this sector.

8. Paraguay has sustained economic growth

Though roughly 30% of its population lives in poverty, Paraguay has achieved sustained economic growth. The economy grew 4.5% year after year from 2004 to 2017. Inflation remains relatively low, but Paraguay did feel an economic sting after Argentina’s crisis.

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9. Taxes are low

Taxes in Paraguay are incredibly low. Up until 2012, there was no personal income tax, and now it’s only 10%. And, that tax is only for income generated inside Paraguay, so people that live in Paraguay and generate income from outside of the country, don’t actually have to personal income tax. The VAT is also just 10%, and property tax is between 0.5% and 1%.

10. Paraguay has high rates of corruption

While the country is seemingly a tax haven, corruption dominates in Paraguay. Transparency International ranked Paraguay 132/180. Likely an impediment to major economic development, corruption in Paraguay has only slightly improved in the past fifteen years. In 2004, Paraguay was listed as one of the six most corrupt countries in the world.

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Paraguay
  • Land
  • People
  • Economy
    • Resources and power
    • Transportation
  • Government and society
  • Cultural life
  • History
    • Early history
    • Establishment of the republic
    • Paraguay’s conflicts with its neighbours

Mining and quarrying

Paraguay has relatively few proven mineral resources, and most mineral deposits are found east of the Paraguay River. Manganese is located near Emboscada; malachite and azurite (copper ores) near Caapucú, Encarnación, and San Miguel; feldspar and mica near Concepción; and talc and piroflita (hard iron-bearing flagstone) near Caapucú and San Miguel. Ochre is found in the Cordillera region, and gypsum and limestone are found near the Paraguay River; there is some peat near Pilar. Copper, bauxite, iron, and uranium ores have been reported, and, beginning in the early 2000s, concessions were granted to companies for gold and diamond prospecting. Extensive drilling in the Paraguayan Chaco has failed to find any commercially viable hydrocarbons. Despite the varied mineral resources, mining and quarrying are among the least-developed economic activities. Because of the limited quantities of proven mineral reserves, there is quarrying of only limestone, gypsum, and clays, which are used mostly for construction.

Energy

Paraguay’s most important natural resource is its hydroelectric potential. Most electricity in Paraguay came from wood- and oil-burning thermoelectric plants in Asunción until the Acaray hydroelectric power plant began operating in 1968. When the plant’s capacity was expanded, Paraguay’s total production increased more than 15-fold from 1970 to 1990. Nearly all of that increase came from hydroelectric sources. Distribution of electricity is controlled by the National Power Company, which was created in 1949.

A dramatic and far-reaching economic event in Paraguay’s history was the construction, in partnership with Brazil, of the hydroelectric plant at Itaipú Dam on the Paraná, about 10 miles (16 km) north of the Friendship Bridge at Ciudad del Este. Itaipú Dam is one of the largest dams in the world and has one of the world’s highest planned generating capacities. Work was completed in 1982 on the main gravity dam, 643 feet (196 metres) high and 4,045 feet (1,233 metres) long, spanning the Paraná. The reservoir created by the dam covers about 870 square miles (2,250 square km) of Paraguayan and Brazilian territory. The last of its many turbines was completed in 2007. At the beginning of the 21st century, many Paraguayans had begun to question the terms of the 1973 Treaty of Itaipú, believing that Brazil was not paying enough for the energy it was using. Under the treaty it had been agreed that Paraguay would own one-half of the electricity generated but that it would sell its excess power exclusively to Brazil at predetermined rates for 50 years. After several rounds of negotiation in 2009, Paraguay and Brazil reached an agreement on July 25 in which the Brazilian government agreed to triple the amount it paid for Paraguay’s excess electricity. The deal also allowed Paraguay to sell electricity directly to the Brazilian market. A 2013 study commissioned by the Paraguayan government argued that Paraguay had effectively paid off its share of the outstanding debt for the Itaipú project through the subsidized sale of energy to the Brazilian grid.

The Yacyretá hydroelectric project, a joint Paraguayan-Argentine effort in the Yacyretá-Apipé islands zone of the Paraná, was established by a 1973 treaty. Its construction was hindered by delays, however, and the plant operated below capacity for many years because of lack of financing to complete the ancillary works. In 2004 Paraguay and Argentina reached an agreement to complete the necessary work so that the reservoir on the Paraná River, which was first filled in 1994, would reach its optimum depth and boost the dam’s electricity-generation capacity. Gta 5 pc patch download bricht absent. (That came about partly because Argentina had been experiencing energy shortages.) On February 25, 2011, Paraguayan Pres. Fernando Lugo and Argentine Pres. Cristina Fernández de Kirchner officially commemorated the completion of the Yacyretá project. Because domestic demand absorbs only a small percentage of the combined output of Itaipú and Yacyretá, Paraguay has become one of the world’s largest exporters of electricity.

Manufacturing

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Although the industrial sector registered high growth rates in the late 1970s and early ’80s, Paraguay is one of the least-industrialized countries in South America. Manufacturing is generally small-scale and directed toward processing agricultural products. Those include refined soybean oil, flour, sugar, tinned meat, textiles, leather products, alcohol, beer, and cigarettes. The construction and cement industry boomed in the late 1970s and early ’80s because of the Itaipú Dam and other hydroelectric projects. A small steel mill, inaugurated in 1986, and a factory that has produced ethyl alcohol (ethanol) from sugarcane since 1980 were sold in the 1990s under a privatization program instituted by the government.

Finance

The main state banks are the Central Bank of Paraguay, which handles all monetary functions, and the National Development Bank, which grants credits to agricultural enterprises and manufacturers. There are also branches of Latin American, European, and U.S. commercial banks. Foreign currency is freely available at banks and exchange houses. In 1992 the government approved laws encouraging foreign investment and the development of a stock market. Dollarization of the economy was pronounced following a series of bank collapses from 1995 to 2002, but depreciation of the U.S. dollar and improved macroeconomic management led to more than three-fifths of deposits in the banking system being held in domestic currency in the mid-2010s. The guaraní, Paraguay’s national currency, has been relatively stable by Latin American standards.