History of the Jews in Paraguay History of the Jews in Paraguay The history of the Jews in Paraguay begins with the arrival of migration flows, mainly from Europe. The first waves of Jewish immigration to Paraguay began in 1904. Currently, Jewish-Paraguayan community is about 10,000 people, most of them located in the capital Asunción. The first Jews arrived in Paraguay at the end of the 19th century. At the beginning of the 20th century the first community institutions were established in the city of Asunción. During the 1920s Jews from Poland and Ukraine arrived in Paraguay, and in the 1930s a wave of mass immigration
Economy of Paraguay Most of Paraguay's trade takes place with Uruguay, Brazil and Argentina. In 2002 Paraguay conducted more than US$400 million in trade with Argentina and nearly US$800 million with Brazil. Paraguay is also a member of the Inter-American Development Bank, Latin American Integration Association, and Latin American Economic System and a signatory to the agreement creating the South American Community of Nations. In 2004 Paraguay signed an energy cooperation agreement with Venezuela to purchase oil and petroleum. Venezuela agreed to concessional financing that allowed Paraguay to pay over a 15-year period at a nominal interest rate. Imports totaled US$3.3 billion in