The leaders will express in a joint declaration the agreements reached today between Francisco Bustillo and the Argentine Foreign Minister, Santiago Cafiero.
President Luis Lacalle Pou will keep a side-by-side meeting with his argentinian pair Alberto Fernandez in April. The meeting was defined today at the headquarters of the Ministry of Foreign Affairs, where the chancellor Francisco Bustillo he received his counterpart, santiago cafieroto discuss trade between the two countries.
The Presidential Summit that will take place next month will take place within the framework of the celebration of the 50th anniversary of the Treaty of the Río de la Plata and its Maritime Front, an issue on which both heads of state will express themselves in a joint declaration, where they will also reflect the many agreements reached today between the foreign ministers.
In addition, both officials agreed to a meeting of the Central Banks of each country for next week with the aim of studying the possibility of implementing a system to expedite trade between the two neighboring nations, although they clarified: “Using the local currency”, far from the proposal that Brazil and Argentina are analyzing for the creation of a common currency.
What did Bustillo and the Argentine foreign minister talk about?
Bustillo and Cafiero proposed reviewing the bilateral economic and trade agenda, promoting actions that favor trade and investment between the two countries, as well as working on an action plan to increase trade through export promotion agencies and investments from Uruguay and Argentina.
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“With the chancellor of Uruguay, Francisco Bustillo, we agreed to promote actions that favor investmentsas well as working on an action plan to increase the bilateral trade through agencies export promotion”, Cafiero wrote on his social networks.
The two hierarchs also discussed the need to modernize and strengthen the Mercosur. In this sense, they agreed on the importance of intensifying the “balanced dialogue” between the regional block and European Union (EU).
With regard to physical infrastructure and integration, they agreed to cooperate in defense in terms of production and maintenance of equipment, such as planes and radars, favoring technology transfer and joint development.
In addition, they talked about the Falklands issue. On this, Cafiero reiterated his gratitude to the Uruguayan government for “the historical support for the legitimate Argentine rights over the Malvinas, South Georgia, South Sandwich Islands and the surrounding maritime spaces.”
Source: Ambito
