Top-tier US investors are very interested in Uruguay, Delgado said

Top-tier US investors are very interested in Uruguay, Delgado said

The Secretary of the Presidency assured that the country is valued “for its international position and its rules of the game.”

Photo: @usembassyMVD

The Secretary of the Presidency, Alvaro Delgadomaintained at a press conference that the meeting between Joe Biden and Luis Lacalle Pou in the White House It’s a sign of your interest. USA to enter into a closer business relationship, while admitting that investors of first level that country showeda lot of interest in Uruguay“.

At a press conference, Delgado considered that this vision occurs not only because of his democratic stability, but also for their “rules of the game” in economic matters, his business climate and his position on international policy. He even commented that Biden highlighted “the leadership” de Lacalle Pou in the region and did not rule out visiting Uruguay, within the framework of the revival of bilateral negotiations that may represent a lifeline after the pessimism that prevails regarding the FTA with China.

On the other hand, the award ceremony for Lacalle Pou in New York by the Americas Society/Council of the Americas (AS/COA), also aroused the interest of several North American investors from the world’s main financial center, where actors from various sectors of the economy welcome having our country among their partners.

“Investors from New York had much more information about Uruguay than one might think,” stressed Delgado, who went further and said that some are even exploring the possibility of living in the country in the future.

The government seeks to advance in tariff reductions with the United States

Likewise, the presidential official indicated that, based on the rapprochement, progress is being made in tariff reductions for Uruguayan products that enter the North American country.

Delgado highlighted that the US Congress has recently entered a project related to the tariff charge of Uruguayan products, as well as visas for citizens. He, in turn, pointed out that there are also possibilities of advancing through the program of the Alliance for the Economic Progress of the Americas (APEP, for its acronym in English).

APEP is an initiative promoted by President Biden that includes 12 Latin American countriesand it could mean a good platform to achieve new opportunities “by stages”, said Delgado. Ecuador and Uruguay are the only APEP member countries that do not have a FTA (FTA) with the United States.

According to Delgado, The conditions are right for a new generation to begin to take shape.relieftariff of Uruguayan exports to the United States, not only of primary products (meat, citrus fruits, dairy products), but also in terms of information technology.

Source: Ambito

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