Paraguay country brief

Australia has a positive relationship with Paraguay.

Key engagement

Modest trade focusing on education services.

Outlook

Potential for investment in agribusiness and mining of ilmenite.

Bilateral relations

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.

Foreign relations

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.

Foreign Policy White Paper

Fast facts

  • 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

2017

  • 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

2017

MoU on Political Consultations

2016

MoU on Education

1999

Bilateral Extradition Treaty

Public diplomacy

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.

Economic diplomacy

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.

Business

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.

Travel

See Smartraveller for information on travelling to Paraguay.

Australian Embassy in Argentina

Villanueva 1400
Buenos Aires C1426BMJ
Argentina
Tel: +54-11 4779 3500
General: info.ba.consular@dfat.gov.au
Facebook: Australia en Argentina, Uruguay y Paraguay
Twitter: @EmbAustraliaBA


*Paraguay reports the number of Australian visitors as 1,000 in 2017 (Dirección General de Migraciones).

Last Updated: 8 February 2019