Paraguay–Spain Relations
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Paraguay–Spain Relations
Paraguay–Spain relations are the bilateralism, current and historical relations between the Paraguay, Republic of Paraguay and the Spain, Kingdom of Spain. Both nations are members of the Association of Spanish Language Academies and the Organization of Ibero-American States. History Spanish colonization In 1524, Aleixo Garcia, a Portuguese explorer in the service of Spain arrived to present-day Paraguay. In 1536, the first Spanish settlements in Paraguay were established by Domingo Martínez de Irala in the Asunción region and initially, Spanish settlers lived in peace among the Guaraní people. In 1542, Paraguay officially became part of the Spanish Empire and governed by the newly created Viceroyalty of Peru based in Lima. In the early 1600s, Society of Jesus, Jesuit missionaries began arriving to Paraguay and established missions to convert the local Guaraní people to Catholicism. This period was known as the Jesuit reduction. For the next 150 years, Jesuits developed thei ...
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Bilateralism
Bilateralism is the conduct of political, economic, or cultural relations between two sovereign states. It is in contrast to unilateralism or multilateralism, which is activity by a single state or jointly by multiple states, respectively. When states recognize one another as sovereign states and agree to diplomatic relations, they create a bilateral relationship. States with bilateral ties will exchange diplomatic agents such as ambassadors to facilitate dialogues and cooperations. Economic agreements, such as free trade agreements (FTAs) or foreign direct investment (FDI), signed by two states, are a common example of bilateralism. Since most economic agreements are signed according to the specific characteristics of the contracting countries to give preferential treatment to each other, not a generalized principle but a situational differentiation is needed. Thus through bilateralism, states can obtain more tailored agreements and obligations that only apply to particular ...
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