ASUNCION – Paraguay wants to become the logistics hub for the Paraguay-Parana Waterway, Industry and Commerce Deputy Minister Victor Bernal said on Tuesday.
“Paraguay is already a world class player in terms of logistics, but remember that the Mississippi (river) moves 500 million tons of food. The Paraguay-Parana Waterway only moves 30 million tons,” he said.
Together, the Mercosur countries – Argentina, Brazil, Paraguay, Uruguay and Venezuela – produce more food than the U.S., Bernal pointed out.
The Paraguay-Parana Waterway is a complex of rivers and other inland waterways linking Brazil, Argentina, Uruguay, Bolivia and Paraguay.
The waterway, which extends 3,442 kilometers (2,138 miles) gives landlocked Paraguay and Bolivia a route to the Atlantic Ocean.
The deputy minister spoke at the presentation of the fifth Navegistic logistics and port fair, set for October in Asuncion, where participants are expected to discuss a regional regulatory framework for the Paraguay-Parana Waterway.