Venue: Yacht y Golf Club Paraguayo, Lambaré, Paraguay (Clay)
Dates: 5–8 February
The seven teams were divided into one pool of three and one pool of four teams. The two pool winners took part in play-offs to determine the nation advancing to the World Group II play-offs. The nations finishing last in their pools took part in relegation play-offs, with the losing nation was relegated to Group II for 2015.
The twelve teams were divided into four pools of three teams. The four pool winners took part in play-offs to determine the two nations being promoted to Group I.