Carlos Fernández Valdovinos, Minister of Economy and Finance.
Paraguay is the only country in Latin America with a clean energy surplus. While others talk about green percentage, the country’s energy mix is 100% clean.
they are Remarks by Carlos Fernández Valdovinos, Minister of Economy and Financein an interview with Spanish newspaper El Mundo.
“Foreign capital must understand that PAraguay would no longer be a subordinate but an equal partner.“said the minister.
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when asked Business exchanges between Paraguay and SpainHe said that the historical ties between the two countries are the hinge that opens or closes the economic, environmental and political relations between Latin America and Europe.
“Of course, I also want to see “Spanish companies build more ties with Paraguay”he added.
Likewise, he said work was underway to Change laws to facilitate private sector Solar and wind power plants can be deployed in the country, paving the way for the energy transition.
“have There is sunshine and water all year round, This is needed to develop green hydrogen.Dialogues were held not only with Spanish companies, but also with companies from other parts of the world, e.g. Brazil has signed a clean energy supply agreement with the national electricity company. “I don’t believe in revolution, but in evolution, that’s why we are also promoting green fertilizers which we have started producing and plan to export soon,” said the economic portfolio head.
Finally, he points out that all types of Paraguay welcomes business capital. He explained that in recent times, Europe and Latin Americathen other countries with funds and interest occupy the space vacated by the EU.
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“Lack of presence European countries have contributed to China’s rise, now, from the Arab capital.We are negotiating with Saudi Arabia and the United Arab Emirates, both sides have a Very interested in investing, not only in Paraguay, But in many Latin American countries, this happens because the region lacks a historically important partner, namely Europe,” he noted.