The foreign minister called on the United States and Canada to promote economic growth in the region and highlighted Uruguay’s contribution to renewable energy.
The chancellor Omar Paganini urged to improve the competitiveness, deepen trade integration and expand the reach of investments, when speaking at USA during the Ministerial Meeting of the Alliance for Economic Prosperity of the Americas (APEP).
In front of peers from other countries, Paganini He stressed that Uruguay seeks to contribute in the field of renewable energy, He highlighted that there are “proven strengths” when referring to the second energy transition being carried out by the government.
The owner of the Chancellery He stressed that in the bloc “only two countries are developed economies,” referring to United States and Canada, but he stressed: “We all agree that there is a key aspect to promote the economic growth: the trade integration and the flow of investments”.
“That is why we call, once again, for APEP to have a vigorous focus on trade, with the aim of making Latin America part of global value chains, in which we are unfortunately quite weakly present,” the leader told his peers.
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Law of the Americas, renewable energy and angel investors
The chancellor also considered that the Law of the Americas that drives the US Parliament This will allow for greater complementarity between economies. “If APEP coordinates with these related initiatives, it can multiply their impact,” Paganini stressed.
Paganini highlighted the “proven strengths” by pointing out his experience and future in the renewable energy, by presenting before his peers in the USA, Canada, Barbados, Chile, Costa Rica, Colombia, Dominican Republic, Ecuador, Mexico, Panama and Peru.
In this regard, he highlighted the startup accelerator and the network of angel investors. “Acceleration programs driven by the USAID (United States Agency for International Development) and Canada and we are proud to announce that its graduates will join the Angel Investors Network, led by the Uruguay Innovation Hub (UIH), in collaboration with IDB Lab and Endeavor”, the Minister of Foreign Affairs stressed.
Source: Ambito
