New Documents

U.S. Customs and Border Protection announced that it has updated a 2002 customs mutual assistance agreement with Paraguay to enhance the countries’ ability to share information on cross-border matters.

The U.S. Department of Homeland Security’s Office of Immigration and Customs Enforcement issued a press release highlighting a recent training it held for 37 officials from various Paraguayan law enforcement and other agencies to combat transnational money laundering organizations.

Enforcement Actions

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Key Documents

Important Facts

  • The U.S. State Department classifies Paraguay as a major money laundering country. Paraguay is part of the tri-border area, which is comprised of Argentina, Brazil and Paraguay and is a region associated with multi-billion-dollar illicit goods trade, the trafficking of Andean cocaine, arms smuggling and significant amounts of money laundering. Other money laundering vulnerabilities in the include: a large number of unregistered exchange houses; a primarily cash-based economy in the tri-border area; the use of false or borrowed names to register businesses; lax regulation of import-export businesses and casinos; weak border controls; corrupt, overwhelmed, or untrained government agents; and insufficient oversight of a high-volume of money transfers to Lebanon and China. Criminal organizations often disguise the laundering of illicit proceeds through flows and sales of goods by using corrupt government officials.
-Source: 2021 International Narcotics Control Strategy Report (INCSR)



Technical Effectiveness
Compliant : 3 High :
Largely Compliant : 15 Substantial :
Partially Compliant : 16 Moderate :
Non-Compliant : 14 Low :
Not-Applicable : 1


Rank : 24/141
Score : 6.45/10


Rank : 137/180
Score : 28/100

Tax Justice Network i

Rank : 88/133
Score : 77/100