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Paraguayan foreign policy has concentrated on maintaining good relations with its neighbors, and it has been an active proponent of regional co-operation. It is a member of the United Nations and has served one term in the UN Security Council in 1967-1969 . It maintains membership in several international financial institutions, including the World Bank, the Inter-American Development Bank, and the International Monetary Fund. It also belongs to the Organization of American States, the Latin American Integration Association (ALADI), the Rio Group, INTERPOL, MERCOSUR (the Southern Cone Common Market) and UNASUR
Contents
- Argentina
- Bolivia
- Brazil
- Chile
- Colombia
- Guyana
- Mexico
- Peru
- Uruguay
- Venezuela
- International organizations
- References
At the political level, diplomatic affairs and international relations of Paraguay are officially handled by the Ministry of Foreign Relations, which answers to the executive branch of the government. The current Minister of Foreign Relations as of 2013 is José Félix Fernández Estigarribia
Unlike any other country in South America, Paraguay recognizes the Republic of China instead of the People's Republic of China. Although not a particularly large country in absolute terms, Paraguay presently is the largest country maintaining official diplomatic relations with the Republic of China.
Argentina
Bolivia
In 2009 Bolivian President Evo Morales and Paraguayan President Fernando Lugo signed an agreement settling a border dispute, which had led to the Chaco War in the 1930s. President Lugo expressed the hope that natural resources could now "be developed and used by both countries" Relations, as with many countries in the area, have had increased tension since the Paraguay Coup of 2012.
Brazil
See Paraguay–Brazil relations Paraguay–Brazil relations have improved greatly after Brazilian President Lula's decision in 2009 to triple its payments to Paraguay for energy from a massive hydro-electric dam on their border, ending a long-running dispute. Under the accord, Brazil will pay Paraguay $360m a year for energy from the jointly-operated Itaipu plant. Brazilian President Luiz Inácio Lula da Silva called it a "historic agreement" and the deal slated as a political victory for former Paraguayan President Fernando Lugo.
Chile
See Foreign relations of Chile
Colombia
See Foreign relations of Colombia
Guyana
Mexico
Both countries established diplomatic relations on April 18, 1881.
Peru
Uruguay
Venezuela
Relations between Paraguay and Venezuela have improved since Paraguay's new leftist President Fernando Lugo was inaugurated, a change from 61 unbroken years of Colorado party rule. President Lugo has supported Venezuela's entry into Mercosur however the Colorado Party's influence in Paraguay's Congress and Senate retards this expansion.
Paraguay and Venezuela have restarted negotiations on an unpaid debt of $250 million owed by Paraguayan oil company Petropar to its counterpart Petróleos de Venezuela after the Presidents of Paraguay and Venezuela met to deal with the financing.
International organizations
Paraguay is a member of the following international organizations:
CAN (associate), FAO, G-11, G-77, IADB, IAEA, IBRD (also known as the World Bank), ICAO, ICCt, ICRM, IDA, IFAD, IFC, IFRCS, ILO, IMF, IMO, Interpol, IOC, IOM, IPU, ISO (correspondent), ITSO, ITU, ITUC, LAES, LAIA, Mercosur, MIGA, MINURSO, MINUSTAH, MONUSCO, NAM (observer), OAS, OPANAL, OPCW, PCA, Rio Group, UN, UNASUR, UNCTAD, UNESCO, UNFICYP, UNIDO, Union Latina, UNMIL, UNMIS, UNOCI, UNWTO, UPU, WCO, WHO, WIPO, WMO, WTO