Production Guilds News Today

Paraguay would cut diplomatic ties with Taiwan and open relations with China if the opposition wins the election in April, its presidential candidate Efrain Alegre told Reuters, hoping to boost soy

By Daniela Desantis ASUNCION (Reuters) - Paraguay would cut diplomatic ties with Taiwan and open relations with China if the opposition wins the elect...

China says the island's allies remain with Taipei only due to pressure from Washington and so-called "dollar diplomacy". PRESSURE FROM FARMERS Paraguay's Taiwan ties have been under the pressure in recent years, especially from the country's beef producers and farmers, who see the relationship as an obstacle to gaining access to the world's largest market for their products. "We make a sacrifice for the political support given to Taiwan and on balance, we conside...

The Union of Production Guilds Paraguay Wednesday said it foresaw 2022 will be a tough year for the agricultural sector due to the current drought which will mean, among other setbacks, the worst soybean harvest in the last 25 years, or US $ 2 billion less to the countrys economy.