Here is an interesting piece about the United Kingdom increasing business with Latin America and particularly Paraguay. It includes some of the historical ties. For example, the first railroad in Latin America was in Paraguay built by British engineers. I also recall thinking it was strange when I met a Paraguayan who spoke English with a British accent. Of course I am sure that the reverse is also true.
I would like to see a comparable news story about increasing US and Paraguayan ties. Perhaps there has been one recently that I missed. If so, please let me know.