Relationship dossier
Belgium
Paraguay
Relationship assessment
Belgium–Paraguay ties include an investment-protection framework, with the broader scope of cooperation unclear.
Belgium toward Paraguay
+15Belgium, through the Belgium-Luxembourg Economic Union, joined Paraguay in an agreement providing a framework for reciprocal investment protection.
Paraguay toward Belgium
+15Paraguay joined the Belgium-Luxembourg Economic Union in an agreement providing a framework for reciprocal investment protection toward Belgian investors.
Overall relationship
+15The investment-protection agreement provides a durable cooperative element in the bilateral relationship. The broader scope and practical intensity of government cooperation are unclear.
How to read these scores
Scores are rough judgments, not objective measurements or current verification. Directional scores describe government policy and conduct, not public opinion. The overall score is an independent estimate, never an average.
- −100
- Extreme sustained hostility
- −50
- Substantially adversarial
- 0
- Mixed or neutral, supported by knowledge
- +50
- Substantially cooperative
- +100
- Exceptionally close sustained partnership
“Not assessed” means there is no recorded score. Pair existence makes no claim about diplomatic recognition or established relations.
Relationship context
Overview
Belgium and Paraguay have a cooperative bilateral framework that includes an investment-protection agreement concluded by the Belgium-Luxembourg Economic Union with Paraguay. Beyond this arrangement, the scope of direct government cooperation is unclear, so the relationship is best characterized cautiously.
Key developments
The Belgium-Luxembourg Economic Union and Paraguay concluded an agreement on the reciprocal promotion and protection of investments.
Major uncertainties
- The agreement’s practical implementation and the extent of other direct bilateral cooperation are unclear.