Peña assumed the Presidency of Paraguay and promises that the country "will reemerge as a gia

Santiago Peña assumed the Presidency of Paraguay on Tuesday and promised that the country will re-emerge as "a giant" during his term, while surrounded by Latin American rulers, he stressed that the region is called to be a "protagonist" for having the resources the world needs.

"Success is to make all Paraguayans better off and for the world to witness the resurgence of a giant," said conservative Peña, 44, an economist by training, in his inauguration speech in Asunción.

He added that he intended to "convert Paraguay into the center of Latin American integration," in words he spoke before the presidents of Argentina, Alberto Fernández; Brazil, Luiz Inácio Lula da Silva; Uruguay, Luis Lacalle Pou; Bolivia, Luis Arce; and Chile, Gabriel Boric.