Uruguay-China Relations and their Free Trade Agreement
Beyond Uruguay’s frustrations with Mercosur, the Chinese market has become increasingly critical for the country and its importance is growing.
Beyond Uruguay’s frustrations with Mercosur, the Chinese market has become increasingly critical for the country and its importance is growing.
President Lacalle Pou hoped that his referendum victory would offer him more time, as well as a stronger mandate, to pursue a series of reforms, including on social security, that are key to reducing Uruguay’s high public spending.
Other countries in Latin America should follow Uruguay’s tactful path to make the most of the opportunities provided by China.
By not inviting Cuba, Nicaragua and Venezuela to his inauguration, Uruguay’s President-elect Luis Lacalle Pou breaks the close ties of his predecessors with the region’s autocracies.
Uruguay’s president-elect, Luis Lacalle Pou, who won a hotly contested election by less than 40,000 votes, will face strong opposition and a fragile government coalition.