Paraguay Retaliates Against Brazilian Tariffs

Paraguayan capital Asuncion The Paraguayan government announced that it will apply tariff related measures on imports from Argentina and Brazil to protect local industry. Paraguay's Finance minister Dionisio Borda argues that the treatment will be similar to that from the senior Mercosur partners.

In a long interview with the Sunday edition of ABC Color Mr. Borda alleged Argentina and Brazil have set up a whole network of barriers to Paraguayan goods which is also contrary to Mercosur.

"We're going to establish the same measures they apply on us," added Borda who nevertheless said the measures would be transitory and are contemplated in Paraguay's stimulus plan.

The decision follows on the campaign "Buy national products" which is being sponsored by the Paraguayan government that also demands 70% of Paraguayan goods and services from suppliers.

"We want to support domestic industry, and jobs and avoid any risks of temporary redundancies," said Borda who added the package would be announced sometime late this week on his return from Portugal where all Latinamerican Finance ministers and Central Bank presidents are meeting ahead of the G20 London summit.

Paraguayan industry has been claiming for a long time for some protection measures for the domestic market since local goods face barriers when trying to have access to the Argentine and Brazilian markets.

Apparently all sales of home hygiene and cleansing products must pay over 48% export tax in Argentina and with textiles a previous export certificate is needed before the operation can go ahead, according to Paraguayan industrialists.

Borda admitted the first consequences of the global slowdown have begun to reach Paraguay and called on all political parties to support the stimulus plan officially known as "economic recovery program," and please not to call it the "anti-crisis program."



  • Show Comments (3)

  • João da Silva

    [quote]Beware the ghost of Gen. Alfredo Stroessner….[/quote]

    A good drinking buddy of ours 😀

  • jon

    Beware the ghost of Gen. Alfredo Stroessner….. 😮 😮 😮

  • ch.c.

    “Argentina and Brazil have set up a whole network of barriers to Paraguayan goods which is also contrary to Mercosur.
    Who is suprised on Brazil’s trades barriers against….EVERYONE—-including the small nations in the Mercosur ?????????
    You may as well listen to Argentina complaints against Brazil !
    As I stated around a year ago, Brazil arrogance on their ONE WAY TRADE PRACTICES is going to be very costly, sooner or later !
    And also as I stated more than once, just ask anyone in the Mercosur, Unasur who they dont like the most in the region, and the unanimous answer is….BRAZIL !
    Brazil doesnt care about Mercosur, Unasur, WTO rules. ONLY the others must follow these rules, not BRAZIL !
    Brazil doesnt even care about its own constitution, prohibiting slaves labor, crimes and corruptions impunity.
    Not even on vote buying…since you pardoned those guilty…in a secret vote…by rusted lawmakers themselves corrupted to the roots. Why dont you then allow criminals to judge others criminals…in a secret vote ? Your jails would be far less crowded….obviously !
    Ohhhhh and the minority of murderers going to jail are freed after 1/6th of their jail term…for good behaviors !

    The risk of a Brazilian killer is quite low :
    A) to be arrested
    B) to have a long term EFFECTIVE jail term

    And better yet, a good probability….. for total impunity…from the Brazilian Supreme Courts of INjustice !

Your email address will not be published. Required fields are marked *

comment *

  • name *

  • email *

  • website *

This site uses Akismet to reduce spam. Learn how your comment data is processed.


You May Also Like

Brazil Fears no Blackouts or Brownouts At Least Up to 2010

Brazil does not face the risk of running short of electric power, either for ...

Venezuela Ready to Join Brazil in Mercosur as Full Member

Venezuela will become a "full member" of Mercosur next December, following an agreement with ...

Brazil’s Lula Lambasts US

President Bush is expected to call at the UN for international assistance in Iraq ...

In Brazil, OPEC Chief Predicts Whole Word Will Add Alcohol to Gas

OPEC’s (Organization of the Petroleum Exporting Countries) president, Edmund Daukoru, is in Brazil where ...

Latin America Gathers in Brazil to Oppose Free Trade Agreements

The cities of São Paulo, Rio de Janeiro, BrasÀ­lia and Belo Horizonte will be ...

After Europe Brazil Gets Kikoy Fever

An article of clothing worn by ancient Arab merchants should be seen on Brazilian ...

The Future of Brazil’s Democracy Is in the Hands of the Citinauts

Since 1986, former Planning Minister João Paulo dos Reis Velloso has assembled a group ...

Brazil Ponders What to Do in Face of Obama and World Crisis

The new United States administration and the world economic crisis prompt more questions than ...