Inauguration U.S.-Paraguay Chamber of Commerce – September 28, 2015

September 28, 2015 By admin

Paraguay: Outlook & Opportunities

Keynote Speaker

H.E. Santiago Peña

Minister of Finance of Paraguay

Speakers:

Martin G. Marron, C.E.O. of Latin America & Canada, J.P. Morgan

Patrice Guiol, Managing Partner, Alpax

Alpax is an independent investment bank that provides financial consulting on mergers, acquisitions and fundraising in Latin America.

German Ruiz*, President, Asociacion Rural del Paraguay

Asociacion Rural del Paraguay supports, promotes and participates in the economic development of Paraguay, particularly in the rural sector. *In Spanish.

Daniel Zelikow, Global Head of Public Sector Group, J.P. Morgan

Carlos-Ivan Lopez, Managing Director, Bank of America Merrill Lynch

Special Guests

Ambassador of Paraguay to the United States, H.E. Igor Pangrazio
Consul General of Paraguay in New York, Fabiola Torres

Fitch Ratings recently affirmed that Paraguay is resilient to the commodity price downturn. As one of the largest natural resource exporters in Fitch’s ‘BB’ category, Paraguay is “well positioned to weather the ongoing downturn in commodity prices mainly due to relatively strong fiscal and external balance sheets. Paraguay’s increasingly diversified export base and productivity enhancements in the agriculture sector have also improved its ability to manage the decline in prices. [It] maintained a record of dynamic growth and single-digit inflation and prudently built fiscal and external buffers during the commodity boom.

Paraguay’s growth was the highest of its peers at a five-year average of 7% in 2014.”

Read more here.

The USPCC thanks our host: