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Turkey formally invited Uruguay to an FTA

The Turkish state formally invited its Uruguayan counterpart to negotiate a Free Trade Agreement (FTA). The news came from Republic President, Luis Lacalle Pou in the program «All the Voices» which is broadcast on channel 4.

«In these times we open some embassies, others close. We open two, Armenia and Turkey. The chancellor (Francisco Bustillo) traveled to Turkey and the question was: we must establish more commercial ties. Let us agree that Turkey, if it is not the tenth power in the world, is between eleven or twelve. The president expressed.

Later he added that “I am telling you now and I am telling the public opinion, we formally received Turkey’s presentation to initiate an FTA with Uruguay, starting in March. Now an exploratory path is opening (…) if it satisfies us, as of March we began to work towards an FTA with Turkey. It is not China alone. He continued to express.

«The Turkish ambassador told me that we had an export of 500 million dollars, almost one point of the (Gross Domestic Product). So, Uruguay open to the world, Uruguay playing in the big leagues, because Uruguayans win in the big leagues ».

China on the road to Uruguay

On China, the president said that “At the same time we have been negotiating with China, which is not a separate pre-feasibility study, it is a joint feasibility study. We thought it would end in December, it doesn’t end in December. That is a date that the ambassador and the Chinese government had set, we are going to extend it a little, “added the Uruguayan leader.

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