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Peña lifts Paraguay's stability in the Economic Forum in Los Angeles – Mercress

Peña emphasizes Paraguay's stability in the Economic Forum in Los Angeles

Tuesday, May 6, 2025 – 10:30 UTC



Peña rounds together his months of US tour on Tuesday

During his appearance at the Milken Institute Global Forum in Los Angeles, Paraguayan President Santiago Peña emphasized the stability, openness and commitment of his country for integrative development. The great global business event recognized Paraguay's commitment to democracy, peace and fighting terrorism.

In addition, Peña met with Shannon K. O'Neil from the Council on Foreign Relations to discuss the strategic possibilities of Paraguay, including Shoring, Friendshoring and his role as a regional industrial and logistics center, supported by projects such as the waterway and the biozean route. “Paraguay moves to its consolidation as a regional industrial and logistics center. With works such as the waterway and the BioCean path, we combine the country with the world and generate new development opportunities for all paraguayers,” wrote Peña on social media.

He also discussed security, international cooperation and strategic investments with the US presidential representative Richard Grenell, the same civil servant who placed the release of US prisoners with Nicolás Maduro's regime in Caracas at the beginning of this year.

Grennell and the head of Colorado checked the potential of Paraguay as a regional development center due to its stability and economic openness. “It is always a pleasure to meet allies with a vision for the future,” emphasized the South American guide.

Peña and Grenell agreed that Paraguay has to become a strategic development center in the region and highlight its stability, economic openness and logistical potential. “

The Paraguayan President has been touring the United States since March 26 and is expected to complete his foreign mission on Tuesday if he will return to Asunción. He then plans to take part in the adventure throne of the next Pope, which is to be elected in the conclave from Wednesday.

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