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While the president has improved the investment climate, much remains to be done. By Mark Keller When Horacio Cartes took office one year ago, Paraguay was in a difficult place. Following the express impeachment – which some called a coup – of President Fernando Lugo in 2012, the country was expelled from Mercosur (a customs union it belongs to with Argentina, Brazil, and Uruguay), as well as the Union of South American Nations (UNASUR). Economic growth the previous year had been negative following an outbreak of foot and mouth disease that caused many countries to block imports of Paraguayan beef […]
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