• 2025.12.18 (Thu)
  • All articles
  • LOGIN
  • JOIN
Global Economic Times
APEC2025KOREA가이드북
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
MENU
 
Home > Industry

Paraguay Tightens Regulations on Biofuel Industry to Combat Illicit Activities

KO YONG-CHUL Reporter / Updated : 2024-11-20 08:58:49
  • -
  • +
  • Print


Asunción, Paraguay – The Paraguayan Congress has passed a new law aimed at cracking down on illegal activities within the country's alcohol and biofuel industries. The legislation, introduced by the government, seeks to enhance transparency in the sector and protect small-scale sugarcane farmers.

The new law introduces a range of stricter penalties for violations of alcohol and biofuel regulations, including warnings, business suspensions, fines, and seizures. The Ministry of Industry and Commerce will be responsible for enforcing these regulations, and the law also includes provisions for punishing public officials involved in data manipulation or system sabotage.

A key focus of the legislation is to safeguard the rights of small-scale sugarcane farmers who supply the raw materials for biofuel production. The law aims to ensure that these farmers receive fair compensation and are not exploited by larger industry players.

The bill passed through various committee stages before being approved by the full Congress. It has been widely supported as a necessary step to address the illicit activities that have undermined the reputation of the biofuel industry and harmed small-scale farmers.

Paraguay's biofuel industry plays a significant role in the country's economy. However, illegal practices have tarnished the industry's reputation and led to exploitation of small-scale farmers. This new law is expected to improve transparency, deter illegal activities, and promote the sustainable development of the sector.

While the passage of this law is a positive step, it is essential to monitor its implementation closely and address any challenges that may arise. Continued efforts to ensure compliance with the new regulations will be crucial to safeguarding the interests of all stakeholders in the biofuel industry.

[Copyright (c) Global Economic Times. All Rights Reserved.]

KO YONG-CHUL Reporter
KO YONG-CHUL Reporter
Reporter Page

Popular articles

  • A Garden Where the City's Rhythm Stops: Dongdaemun's 'Cherry Garden', Cooking Consideration and Diversity

  • Choi Bun-do, Chairman of PTV Group, Assumes Presidency of the Korean Chamber of Commerce and Industry in South Central Vietnam

  • The Paradox of the 'Juvenile Offender' (Chokbeop Sonyeon): Impunity or Unfinished Rehabilitation?

I like it
Share
  • Facebook
  • X
  • Kakaotalk
  • LINE
  • BAND
  • NAVER
  • https://www.globaleconomictimes.kr/article/1065571099321530 Copy URL copied.
Comments >

Comments 0

Weekly Hot Issue

  • Doosan Group Chosen as Preferred Bidder for SK Siltron in Multi-Billion Dollar Deal
  • Even Elite "Collective Intelligence" Fails: Seoul National University Students Miss the Mark on Exchange Rate Forecasts
  • The Ambassador’s Cup Taekwondo Championship Returns to Bulgaria, Celebrating Martial Arts and Diplomacy
  • Nobel Laureate Machado Departs Oslo; Remains in Good Spirits Despite Spinal Injury
  • Google Completes Gemini 3 Lineup with Launch of ‘Flash’ Model: High Speed Meets Uncompromised Intelligence
  • Germany Approves Massive $60 Billion Rearmament Package to Bolster Defense

Most Viewed

1
Choi Bun-do, Chairman of PTV Group, Assumes Presidency of the Korean Chamber of Commerce and Industry in South Central Vietnam
2
From Court to Content: French Tennis Star Océane Dodin Trades Racquet for OnlyFans, Eyes $5M in a Year
3
Lee Dismisses Vice Minister Amid Allegations of Misconduct and Vetting Gaps
4
NVIDIA Lobby Succeeds? U.S. Bill Expected to Drop AI Chip Export Restrictions
5
US Layoffs Surge: Over 1.17 Million Job Cuts Announced in First 11 Months of 2025
광고문의
임시1
임시3
임시2

Hot Issue

UK to Rejoin EU’s Erasmus+ Program in 2027: A Major Milestone in Post-Brexit Relations

China’s SpaceSail Challenges Starlink’s Hegemony in Brazil’s Satellite Internet Market

U.S. Congress Passes 2026 NDAA: A Legislative Fortress Against Unilateral Troop Withdrawals

Meloni Blocks Key EU Initiatives: Italy’s "My Way" Policy Shadows Upcoming Summit

Let’s recycle the old blankets in Jeju Island’s closet instead of incinerating them.

Global Economic Times
korocamia@naver.com
CEO : LEE YEON-SIL
Publisher : KO YONG-CHUL
Registration number : Seoul, A55681
Registration Date : 2024-10-24
Youth Protection Manager: KO YONG-CHUL
Singapore Headquarters
5A Woodlands Road #11-34 The Tennery. S'677728
Korean Branch
Phone : +82(0)10 4724 5264
#304, 6 Nonhyeon-ro 111-gil, Gangnam-gu, Seoul
Copyright © Global Economic Times All Rights Reserved
  • 에이펙2025
  • APEC2025가이드북TV
  • 독도는우리땅
Search
Category
  • All articles
  • Synthesis
  • World
  • Business
  • Industry
  • ICT
  • Distribution Economy
  • Well+Being
  • Travel
  • Eco-News
  • Education
  • Korean Wave News
  • Opinion
  • Arts&Culture
  • Sports
  • People & Life
  • Column 
    • 전체
    • Cho Kijo Column
    • Lee Yeon-sil Column
    • Ko Yong-chul Column
    • Cherry Garden Story
  • Photo News
  • New Book Guide
  • Multicultural News
  • Jobs & Workers