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LatinNews Daily - 17 September 2020

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In brief: Brazil and Paraguay to open cross-border logistics hubs

* Brazil and Paraguay have signed an agreement to open logistics hubs near the countries’ three main border crossings, in an attempt to stimulate the economies of cities that have struggled since the border was closed in March due to the coronavirus (Covid-19) pandemic. Nationals of both countries will be permitted to cross the border to collect purchases from these hubs and must then return immediately to their country of origin. Orders must be made online prior to arrival and will be limited to a value of US$500 per person. The hubs will be located near the crossings between Foz do Iguaçu (Brazil) and Ciudad del Este (Paraguay); Ponta Porã (Brazil) and Pedro Juan Caballero (Paraguay); and Mondo Novo (Brazil) and Salto del Guairá (Paraguay). They are intended as a temporary solution to the stagnation of cities dependent on cross-border trade and tourism, and Paraguay’s foreign ministry has indicated that they will be shut down once border closures are relaxed.