Paraguay–United States relations
Bilateral relations / From Wikipedia, the free encyclopedia
Dear Wikiwand AI, let's keep it short by simply answering these key questions:
Can you list the top facts and stats about Paraguay–United States relations?
Summarize this article for a 10 year old
The United States and Paraguay have had bilateral relations since 1852.[1]
Bilateral trade with the United States has increased over the last four years, after a steady decline over several years due to a long-term recession of the Paraguayan economy. Although U.S. imports from Paraguay were only $51.28 million in 2005, down from $58.58 million the previous year, U.S. exports to Paraguay in 2005 were $895.53 million, up from $622.87 million in 2004, according to U.S. Customs data. (Not all exports and imports are reflected in Paraguayan government data.) More than a dozen U.S. multinational firms have subsidiaries in Paraguay. These include firms in the computer, agro-industrial, telecom, banking, and other service industries. Some 75 U.S. businesses have agents or representatives in Paraguay, and more than 3,000 U.S. citizens reside in the country.
The U.S. maintains an embassy in Asunción, Paraguay. On June 29, 2023, a new embassy was opened on the same 14-acre site as the previous building.[2] The United States Ambassador to Paraguay is Marc Ostfield.[3]
According to the 2012 U.S. Global Leadership Report, 41% of Paraguayans approve of U.S. leadership, with 24% disapproving and 35% uncertain.[4]