The agreement, signed in December 2025, will take effect after Paraguay completes the internal procedures required for its entry into force.
The Agreement between Japan and Paraguay for the Investment Protection Agreement (IPA), signed on 5 December 2025, will enter into force on 26 September 2026, following completion of Paraguay’s required internal procedures.
The Government of Japan received notification from the Government of the Republic of Paraguay on 28 August 2026 (August 27 local time), confirming that Paraguay had completed the internal procedures necessary for the Agreement to take effect.
The Agreement establishes comprehensive and detailed rules for the promotion and protection of investments between Japan and Paraguay. It is intended to provide a framework for strengthening investment relations between the two countries.
Its entry into force is expected to support increased bilateral investment and contribute to the further development of economic relations between Japan and Paraguay.