Through a free trade port in the island province of Hainan, the country could bring its products closer to the rest of the country with lower production costs.
Uruguay continues to make its way in China, despite the setbacks of the Asian economy and its consequences on the trade balance. In this sense, the island province of Hainan aims to become a free trade Areaand the government is already negotiating trade opportunities and minors duty in this new territory.
Hainan seeks to become a free trade port to facilitate imports for the transformation of goods, and Uruguay does not want to miss opportunities. For this reason, the Minister of Livestock, Agriculture and Fisheries (MGAP) Fernando Mattosvisited the island province together with the director of International Affairs of the portfolio, Adriana Lupinacci, in an official mission in which the Consul General of Uruguay to the south of China Martin Alvez.
The meetings held between local authorities and those of Hainan focused on analyzing the commercial possibilities that are part of the project of Free Trade Portaccording to Blasina and Associates.
“Uruguay It is one of the first to bet at the government and private level on sending meat there in order to develop something with a differential,” he highlighted in this regard. Daniel Castiglioni, director of Castitrading, who operates in the Chinese market.
One of the meetings held was with authorities of the Department of Agriculture and Rural Affairsin which commercial opportunities of the regime for Uruguayan agricultural products were explored and a bilateral business exchange was considered in webinar format.
Mattos also visited the company’s facilities Sinomach, working with food imports in Hainan.
A special opportunity for Uruguayan meat
The visit to the Haikou Experimental Zone It was one of the highlights of the tour, as they were able to see first-hand how the free port works and, especially, how meat is processed. Uruguayan meat importing companies already operate in this area, which, after adding value, can be exported to the rest of the world. Mainland China without tariffs.
This pilot plan represents great opportunities for various sectors of the Uruguayan agriculture, As pointed out by the MGAP. In this regard, it is hoped that after the visit of the ministerial delegation, relevant information and contacts can continue to be provided to Uruguayan companies.
Mattos also met with the secretary of Hainan province, where the link between Uruguay and said territory, highlighting the various instances of dialogue and exchange maintained during the official mission.
Source: Ambito
