Sharjah 24 – WAM: A senior UAE delegation, led by Reem bint Ibrahim Al Hashimy, Minister of State for International Cooperation, visited Paraguay on 13th June 2023.
During the visit, Al Hashimy met President-elect Santiago Peña, alongside imminent officials to discuss his new plans after taking office in August 2023.
President-elect Peña hosted a breakfast banquet in honour of the Emirati officials, where the delegation met with relevant counterparts. The banquet was attended by various UAE companies such as Mubadala, ADIA, the Abu Dhabi Fund for Development (ADFD), Masdar, Elite Agro, ADNOC Trading, representatives from COP28, DP World, and the UAE Ministry of Economy.
The UAE-Paraguay Business Roundtable was held at the Ministry of Industry and Commerce, where the delegation met Paraguayan Minister of Industry and Commerce Luis Alberto Castiglioni.
During her opening remarks, Al Hashimy stated, “This Business Forum serves as yet another testament to the strength of our bilateral relations, as both governments share political will, commitment, and successful endeavors towards further elevating our ties."
She also highlighted that last year, trade has increased with Paraguay by 53 percent, implying a unique opportunity for growth. “In addition, all legislative agreements are in place and ratified to further encourage investment.”