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Inside Investor

PARAGUAY: Cartes Election Victory Good for Business

PARAGUAY: Cartes Election Victory Good for Business

Bottom Line: The victory of Colorado Party candidate Horacio Cartes in Paraguay’s presidential elections on 21 April sets the stage for a strengthening of the oil and gas industry and a more attractive atmosphere for foreign investors.

Analysis: Cartes is a consummate businessman. His dossier is an impressive one: He founded Banco Amambay, one of the country’s largest financial…

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