The Mexican ambassador was open to expanding the FTA with Uruguay

The Mexican ambassador was open to expanding the FTA with Uruguay

September 13, 2023 – 2:42 p.m.

The trade relationship with the North American country has been strengthening over the years and this month saw an uptick.

The Mexican ambassador in Uruguay, Victor Barceloanalyzed the trade relationship between the two countries and assured that they are willing to expand and open the Free Trade Agreement (FTA), at the same time that trade agreements are increased and reinforced.

Interviewed by the press, Barcelo assured that since Mexico They follow “very closely the dynamism of the Uruguayan economy and his desire to open up more and more to the world.” For the ambassador, “investments in infrastructure, particularly in the port area, as well as the free zone regime, have been beneficial” for Uruguay, Therefore, it has managed to solidify its position within the region.

In that sense, Barcelo highlighted the high degree of complementarity of the economies of the two countries. “Uruguay has established itself as a supplier of high-quality primary or food goods for Mexico, while Mexico “It is a reliable supplier of manufactured products, mainly in the automotive field,” he explained.

He FTA between Uruguay and Mexico It was signed almost twenty years ago, so the ambassador says that “it is a constant challenge” to keep it updated. With this, Barcelo He was committed to “expanding and opening it so that it can serve the interests of both countries. Especially so that Uruguay can increase its export volume, which is basically meat, agricultural and processed products.

Progress in the bilateral relationship between Uruguay and Mexico

At the beginning of this month, it was announced that Uruguay will be able to export again meat to Mexico After three years, according to the Ministry of Livestock, Agriculture and Fisheries (MGAP). In this way, a total of 22 Uruguayan refrigerators They were authorized to sell boneless matured bovine and ovine meat to Mexican territory.

For the interim head of the MGAP, Juan Ignacio Buffa, “The Mexican market has always been relevant for the meat production of the Uruguay” and highlighted that exports are resumed “after an intense period of negotiation and work, which included audits of the meat processing plants.”

On the other hand, the northern country also renewed the sanitary authorization of some 20 Uruguayan dairy plants to import their products. On September 4, the Mexican health authorities approved a two-year extension of health certificates until December 2025.

In addition to the approval of the aforementioned meat processing and dairy plants, this year Uruguay established a process for the entry of rapeseed into the Latin American country.

Source: Ambito

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