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
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Guzz
yanqui
Where's that FTA with USA? ;)
Jun 01st, 2012 - 06:06 am - Link - Report abuse 0
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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
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Guzz
I surely do... Not even possible, I would say...
Jun 01st, 2012 - 06:42 am - Link - Report abuse 0
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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
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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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