History of Paraguay (to 1811) Buenos Aires in 1580, the steady deterioration in the importance of Asunción contributed to growing political instability within the province. In 1617 the Río de la Plata Province was divided into two smaller provinces: Paraguay, with Asunción as its capital, and Río de la Plata, with headquarters in Buenos Aires. With this action, Asunción lost control of the Río de la Plata estuary and became dependent on Buenos Aires for maritime shipping. In 1776 the crown created the Viceroyalty of Río de la Plata; Paraguay, which had been subordinate to Lima, now became an outpost of Buenos Aires. Located at
Constitution of Paraguay in 2017 when the legislature deliberated an amendment that would have allowed incumbent Horacio Cartes to run for reelection the following year. The Constitution establishes that any modifications to a president's term should occur via a reform and not an amendment. Cartes ultimately gave up any plans to run again, and the amendment was defeated. Constitution of Paraguay The Republic of Paraguay is governed under the constitution of 1992, which is the country's sixth since independence from Spain in 1811. The recorded history of Paraguay began in 1516 with the failed expedition of Juan Díaz de Solís to the Río