Bolivia and Paraguay to talk about maximising use of Paraguay-Paraná waterway

When the presidents of Paraguay and Bolivia meet on June 12 in La Paz, an important discussion topic will be how to maximize the use of the Paraguay-Paraná Waterway as an important logistic route for physical and economic integration. It is important to Bolivia to enable it to lower its logistical costs of accessing the ocean, and to Paraguay in allowing it to become a logistical hub.

The Paraguayan National Chancellery aims to take advantage of this logistic corridor to promote integration, development and attract investment. To make this happen, it is seeking to coordinate talks with the various bodies that exist within the Paraguay-Paraná Waterway River Transport Agreement.

Paraguay has much experience in navigation, handling of multi-purpose port terminals and specific cargo types. The country has 53 ports on the Paraguay-Paraná Waterway, of which 49 are private. The last terminals brought on-stream required large investments and have state-of-the-art technologies, such as Puerto Fénix, Caacupemí, Terpor and Imperial Shipping en Concepción.

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