The Japan-Paraguay Bilateral Investment Treaty (March 2026)
Client Briefings
Introduction
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On 5 December 2025, Japan and Paraguay signed a bilateral investment treaty named 'The Agreement between Japan and the Republic of Paraguay for the Promotion and Protection of Investment' (Japan-Paraguay BIT or BIT). This BIT is expected to be ratified and enter into force in 2026. It will expand protections for Japanese investors in South America, adding to the treaties already in force with Argentina (2018), Colombia (2011), Peru (2008) and Uruguay (2015).
