Paraguay country brief
Paraguay country brief
Australia has a positive relationship with Paraguay.
Modest trade focusing on education services.
Potential for investment in agribusiness and mining of ilmenite.
The depth and nature of the relationship has grown significantly since diplomatic relations were established in 1974. Australia opened a Consulate headed by an Honorary Consul in Asunción in January 2011, and Paraguay established an Embassy in Canberra in September 2011.
Paraguay is a member of MERCOSUR, UNASUR, the Community of Latin American and Caribbean States (CELAC) and the Organization of American States (OAS), which seek to advance a variety of regional political and economic interests.
Paraguay has taken a more active role in multilateral trade issues since it became a member of the World Trade Organization in 1996, and joined the Cairns Group, chaired by Australia, in June 1997.
- Paraguayan visitors to Australia (2017) – 300
- Australian visitors to Paraguay (primary destination 2017)* – 100
- Resident Australian population born in Paraguay (2016) – 400
- Australian residents of Paraguayan descent (2016) – 400
- Paraguay students in Australia (2017) – 80
High level engagement
- May – Paraguay was represented at the 2017 Latin America Down Under Mining Conference in Perth by the Vice Minister for of Mines and Energy.
- June – visit to Paraguay by Australian Disability Discrimination Commissioner.
Agreements with Paraguay
MoU on Political Consultations
MoU on Education
Bilateral Extradition Treaty
Paraguay is eligible for the Endeavour Leadership Program. Under the previous Endeavour Mobility Grants and Endeavour Scholarships and Fellowships programs, one Paraguayan has been offered the opportunity to undertake study, research and professional development in Australia.
Through the Direct Aid Program, the Australian Government provides financial support to a range of projects in Paraguay. In 2017-18, the Direct Aid Program supported projects focused on gender equality and women's economic empowerment, support to indigenous communities including access to education and social and economic inclusion, and support for people with disabilities.
Australia and Paraguay participate in the CER-Mercosur Dialogue, bringing together Australia, New Zealand and Mercosur members. The most recent discussions took place in Buenos Aires in May 2017. The dialogue was established in 1996 as a mechanism to strengthen cooperation on global trade policy issues and to promote inter-regional trade and investment.
Further economic and trade information can be found in our Economic Factsheet for Paraguay.
Paraguay participated in the 2017 and 2014 Latin America Down Under Mining Conference in Australia, highlighting opportunities for Australian companies to engage in Paraguay's nascent mining industry.
In 2011 the Paraguayan-Australian Chamber of Commerce was formed. This organisation works closely with the Australian Embassy in Buenos Aires to facilitate and encourage trade and investment between our two countries.
See Smartraveller for information on travelling to Paraguay.
Australian Embassy in Argentina
*Paraguay reports the number of Australian visitors as 1,000 in 2017 (Dirección General de Migraciones).