In an interview with Bloomberg, Paraguayan President Santiago Peña endorsed President Donald Trump’s revived Monroe Doctrine, arguing that greater US engagement in Latin America would benefit the region. Peña dismissed concerns about US domination, framing the policy as a modern partnership rather than 19th century style interventionism. He also praised Washington’s military operation to capture Venezuelan leader Nicolás Maduro, calling it the second best outcome after Venezuela’s failed 2024 elections and warning that democratic transition could take years. Paraguay remains one of Taiwan’s few diplomatic allies in South America, a stance Peña vowed to maintain. Economically, he highlighted Paraguay’s strong growth and plans to issue less than $1 billion in bonds to meet 2026 financing needs, underscoring fiscal discipline alongside closer alignment with Washington.
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In an interview with Bloomberg, Paraguayan President Santiago Peña endorsed President Donald Trump’s revived Monroe Doctrine, arguing that greater US engagement in Latin America would benefit the region. Peña dismissed concerns about US domination, framing the policy as a modern partnership rather than 19th century style interventionism. He also praised Washington’s military operation to capture Venezuelan leader Nicolás Maduro, calling it the second best outcome after Venezuela’s failed 2024 elections and warning that democratic transition could take years. Paraguay remains one of Taiwan’s few diplomatic allies in South America, a stance Peña vowed to maintain. Economically, he highlighted Paraguay’s strong growth and plans to issue less than $1 billion in bonds to meet 2026 financing needs, underscoring fiscal discipline alongside closer alignment with Washington.