Football in Paraguay Football in Paraguay Football is by far the most popular sport in Paraguay to the point that it is part of the nation's culture. Football arrived to Paraguay in the late 1800s. There are differing versions as to how this happened. The most commonly held account is that of William Paats. This account has much primary source documentation (newspaper articles) As this version goes, football was first introduced in Paraguay by Dutchman William Paats, who moved from the Netherlands to Asunción (the capital of Paraguay) in 1888. During a trip to Buenos Aires Paats bought a football and brought it
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