Bangkok: Paraguay and Singapore signed a historic Implementation Agreement for carbon credit cooperation under Article 6 of the Paris Agreement, it was announced. Signing the documents were Paraguay's Environment Minister Rolando de Barros Barreto and Singapore's Minister of Sustainability, Grace Fu, during President Santiago Peña's visit to the Asian country. According to Nam News Network, de Barros Barreto stated that, with the signing of the agreement, the Paraguayan government reaffirms its commitment to environmental integrity and international cooperation, moving towards a low-emission economy. President Peña, who is expected to return to Asunción on May 27, has also strengthened Paraguay's partnership with Japan by elevating it to a strategic level during his Asian trip.