The United States has lifted sanctions on the ex-President of Paraguay.
The U.S. Treasury Department has lifted sanctions against former Paraguayan President Horacio Cartes and his associated tobacco company Tabacalera del Este SA (Tabesa).
The former president of Paraguay was added to the US sanctions list in 2023 for involvement in corruption. According to the US Treasury, Cartes owned part of Tabesa, and although he later sold the stake, the company still makes payments to the former president for millions of dollars.
In 2024, Tabesa itself was added to the sanctions list in accordance with the decree of the President of the United States, which is based on the Magnitsky Act (adopted in December 2012, the law introducing personal sanctions against persons responsible for human rights violations, corruption and the rule of law in Russia. Named after Sergei Magnitsky, who died in prison)
