After meeting Monday with members of a Chinese delegation who are in Montevideo since Saturday, Uruguayan Foreign Minister Francisco Bustillo said he hoped the other members of Mercosur would soon join the Free Trade Agreement negotiations because the Asian giant was “open to cooperation both with Mercosur and with the particular member country.”
A report released Thursday by Argentina's Undersecretary for Trade and Investment Promotion Pablo Sívori highlighted the progress over the past 20 years of trade between his country and China, which rose from US$ 1 billion to nearly US$ 20 billion yearly.
Argentina's Foreign Ministry Friday issued a statement according to which Uruguay's negotiations with China towards a Free Trade Agreement must go through Mercosur.
China's Ministry of Commerce Spokeswoman Shu Jue Ting Thursday ratified her country deemed the possible conclusion of a Free Trade Agreement (FTA) with Uruguay to be of the utmost importance.
Uruguayan President Luis Lacalle Pou Wednesday announced negotiations with China to reach a bilateral free trade agreement are to begin, after technical teams from the two countries found it feasible, it was reported in Montevideo.
China is said to be upping its military preparations while US Senator Rick Scott is visiting Taiwan, which Beijing considers to be a rogue province. These actions by the United States seriously violated the One China principle, Chinese Defense Ministry Spokesman Wu Qian said Friday.
China's Foreign Minister Wang Yi Thursday told his Argentine counterpart, Santiago Cafiero, that the Asian giant favored the South American country's joining BRICS. Wang made those statements in Bali, Indonesia, on the sidelines of the G20 ministerial meeting.
Last Tuesday, 11 tons of squid were found in a Chinese flagged vessel that was captured by the Uruguayan Navy, after a chase that took place between Sunday night and early Monday morning.
The Uruguayan navy arrested Monday dawn a Chinese flagged jigger caught illegally fishing in the country's EEZ. The arrest was done following a night chase as the jigger tried to escape despite having first accepted a party of inspectors to board the vessel.
China has launched its third aircraft carrier and the first to feature a catapult aircraft launch system. The ship designed and built in China was christened as “Fujian” named after the Chinese province opposite Taiwan, according to state-run news agency Xinhua. According to Defense News, “Fujian” was launched at the Shanghai shipyard where it had undergone construction since 2018.