‘URUGUAY WEEK’ TAKES PLACE IN BEIJING
2018 marks the 30th anniversary of the establishment of diplomatic relations between China and Uruguay. To mark this occasion, the Uruguay Investment and Promotion Commission and Embassy of Uruguay in China recently cohosted the Uruguay Week.
The promotional week covered a range of fields such as economic relations, trade, attracting investment and boosting the country’s national image. Activities took place including official negotiations between local governments and a symposium on investment opportunities as well as business negotiations and investigations. Attendees included decision makers from Chinese enterprises, lawyers, accountants and local consultants, as well as Chinese enterprises that have already invested or are planning on investing in Uruguay or South America.
Minister of Foreign Affairs of Uruguay, Rodolfo Nin Novoa; Uruguay’s Ambassador to China, Fernando Lugris; and Executive Director of the Investment and Export Promotion Agency Uruguay XXI, Antonio Carámbula Sagasti, all attended the promotional week, hoping to expand Uruguayan business presence in China.
China is already Uruguay’s top trade partner with Uruguay’s export volume to China in 2017 accounting for 28 percent of the country’s total exports. The 2017 China-lac Business Summit held in Uruguay also made significant achievements and helped strengthen relations between the two countries. Overall, Uruguay Week aims to strengthen Uruguay’s image in China through increased exports, investment and tourism.