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Montevideo, March 29th 2024 - 07:46 UTC

 

 

Uruguay looks to China to expand trade and services, and attract more investment

Friday, June 1st 2012 - 02:24 UTC
Full article 6 comments

Uruguay looks forward to increase trade with China in value and diversification as Beijing commands a bigger economic and cooperation role in South America, Uruguayan Foreign Minister Luis Almagro said in an interview with China Daily. Read full article

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  • rnbgr

    Smart move have the Chinese build factories in Uruguay and import finished goods into mercosur countries and avoid the upcoming 35% tariffs for outside imports

    Jun 01st, 2012 - 06:00 am - Link - Report abuse 0
  • Guzz

    yanqui
    Where's that FTA with USA? ;)

    Jun 01st, 2012 - 06:06 am - Link - Report abuse 0
  • rnbgr

    Guzz, Are you referring to a FTA with the US ? A standalone FTA with a single Mercosur country would most likely be problematic for other members (Brazil, Argentina) don't you think ?

    Jun 01st, 2012 - 06:20 am - Link - Report abuse 0
  • Guzz

    I surely do... Not even possible, I would say...

    Jun 01st, 2012 - 06:42 am - Link - Report abuse 0
  • rnbgr

    I would think Brazil but mostly Argentina would not want a Mercsur country
    To have a US FTA. Can't say much about china investment since china has invested heavily in both countries. US is focusing on brazil investment not a lot in Argentina (0nly 1 billion usd last year

    Jun 01st, 2012 - 07:05 am - Link - Report abuse 0
  • McClick

    Chinese are thinking the Sao Paolo--Buenos Aires high speed train project transit by Uruguay.

    Jun 01st, 2012 - 10:08 am - Link - Report abuse 0

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