Uruguay promotes a free trade agreement of Mercosur with Canada
Foreign minister Luis Almagro announced that Uruguay will work for a free trade agreement between Mercosur and Canada during the first half of the year when Uruguay holds the chair of the South American group that also includes Argentina, Brazil, Paraguay and Venezuela.
Almagro made the announcement during the signing of a tax information exchange agreement with Uruguay with the purpose of attracting investments and facilitates the influx and outflow of capital.
At the ceremony in the Uruguayan Foreign Ministry, Minister Almagro and Canadian ambassador Claire Poulin underlined the significance of the accord and the fact the two countries have long shared values, principles and besides are “the two countries with ‘the lowest levels of corruption in the continent’.
“This agreement shows our international commitment to the fight against global fiscal evasion”, said Ms Poulin.
Almagro remarked the event occurs in the framework of “very dynamic bilateral relations between both countries” which includes preparing a visit to Ottawa by Uruguayan authorities programmed sometime in the next ten months.
“This happens when Uruguay holds the Mercosur chair and when we are making great efforts to promote Canada-Mercosur trade and investment relations”, added Minister Almagro. “Hopefully negotiations will find their natural course and then we can sit at a table and exchange proposals based on each side’s ambitions”.
In March 2012, Canada’s foreign trade minister Ed Fast said that closer links with Mercosur are a crucial element of the country’s foreign economic policy. At the time Fast visited Argentina, Brazil and Chile.








18 comments Feed
Note: Comments do not reflect MercoPress’ opinions. They are the personal view of our users. We wish to keep this as open and unregulated as possible. However, rude or foul language, discriminative comments (based on ethnicity, religion, gender, nationality, sexual orientation or the sort), spamming or any other offensive or inappropriate behaviour will not be tolerated. Please report any inadequate posts to the editor. Comments must be in English. Thank you.
100% likelihood.
- Not exactly. Along with Canada's low Corruption Perception Index, which is same as Netherlands rank of 9 - and thus of Netherlands Antilles - Falkland Islands shares UK 2012 CPI rank of 17, USA is 19 and Uruguay is 20, - shared with Chile also at 20:
cpi.transparency.org/cpi2012/results/
Argentina wants no free trade with anyone. Sorry Uruguay, Brazil, and Paraguay.
Please find me a rich and prosperous autarky!
Do you still have over one wall of Victoria's harbor the names(code of arms) of all British colonies, including Malvinas?
Here's a clue, he does not live in Argentina!
- Portugal
- Brasil
- Angola
- Moçambique
- Guiné-Bissau
- Cabo Verde
- São Tomé and Príncipe
- Timor-Lorosae
But have too territories in Ásia:
- Goa (Índia)
- Damão (Índia)
- Diu (Índia)
- Macau (China)
Brasil is a leader from Portuguese Empire.
Ours brothers in the five continents need us. Free Trade with Brasil, is free trade with all CPLP!
You say Canada is small and yet its economy is larger than every other economy you listed put together except for Brazil. So not that small.
Perhaps there is a reason that Uruguay is promoting free trade with Canada.
Canadá is a great country. Very good tecnology, prodution and a good quality of life for yours citizens. But very small market to ours products. To Canadá is good one deal for sell yours products, but no for us. More one little China, only. My opinion.
I'm not Canadian but I understand what you are saying. That Canada and Brazil are not complimentary markets. But this is about Uruguay pushing free trade and there is a reason for that.
Uruguay's income is much higher than neighbouring countries and perhaps it doesn't feel that Brazil and Argentina promote free trade enough due to their economic size.
Uruguay is a victim of geography but that can be overcome. It's recent interest in the Pacific Alliance with Paraguay shows that Mercosur isn't advancing Uruguay's interests.
Uruguay must be free. This is a dream from our last Imperator. Uruguay can firm deal, but have be strong. Brasil and Argentina are a important partners. Closed frontiers?
www.youtube.com/watch?v=F6YSPZNBzzc&list=FLmXPTu1f8AdGlizWNiASx2A&feature=mh_lolz
What is the relevance of the video to free trade?
Some nice shots of aircraft flying but F-5's and A-4's are vintage aircraft.
I see that your government has had to postpone the purchase of new fighter/strike aircraft due to financial problems.
Commenting for this story is now closed.
If you have a Facebook account, become a fan and comment on our Facebook Page!