Paraguay decided to suspend the export of bananas to Argentina due to lack of payment

According to information published by the Paraguayan newspaper ABC, the Intersector Banana Competitiveness Table (Menicob) and the Paraguayan Banana and Pineapple Chamber (Capabap) finally made the decision to stop sending bananas to Argentina, given an accumulated debt that is around the 10 million dollars. In statements to the press, Hugo Franco, representative of Menicob, indicated that the action is carried out in coordination with Bolivian producers and exporters, who also have debts with this country, for a figure that last week reached 12 million dollars. From Capabap, its vice president Oscar Peña Paniagua explained that payments reached terms of up to 180 days, which complicated the chain that operates on a perishable product. Furthermore, this production is carried out mainly by those segments with lower purchasing power, so it is a hard blow. Paniagua added that since the debt is fixed in dollars, the problems arise when Argentine importers deposit pesos in their ...