At the end of March, the Senate of the National Congress of the Republic of Paraguay officially adopted the Declaration 174. The Declaration recognizes the importance of the cooperative system in the country and the work of the development department of DGRV as particularly important for the growth and strengthening of the cooperative model in the country. The Declaration highlights the positive echo and what a broad field of application the cooperative idea has in Paraguay.
In Paraguay, the cooperative movement is a highly relevant sector in social and economic terms. Members represent 50 % of the country’s economically active population, a share almost 12 % of the national financial market. The importance of cooperatives in the production and export of the main agricultural items emphasizes their indispensable value for the country’s development.
It is a great honour and pleasure for the IRU – International Raiffeisen Union to congratulate especially Mr. Edwin Reimer, for this recognition!