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  HOME | Latin America (Click here for more)

China-LAC Summit to Be Big Showcase for Uruguay and Latin America

MONTEVIDEO – The China-LAC 2017 business summit, to be held at yearend in the southeastern Uruguayan city of Punta del Este, will be a “big showcase” for the country and for Latin America, the director of the Uruguay XXI export agency, Antonio Carambula, said on Tuesday at the official announcement of the event.

The summit, considered to be the main business meeting between China and Latin America and the Caribbean, will take place from Nov. 30-Dec. 2 at the Convention Center in Punta del Este with the participation of more than 500 companies.

“China is our main trade partner. ... We have to increase trade but, in addition, (China is) one of the main providers of investment in the world and, in that sense, we still have a duty,” Carambula told the media.

“So, this is a big showcase for Uruguay and also for Latin America, without a doubt,” he added.

The Uruguay XXI director said that this will be the 11th edition of a summit that “has been growing in size but also in quality.”

“It’s included by the Chinese government as one of the priorities in the relationship between China and Latin America,” he remarked.

In addition, Carambula noted that the selection of Uruguay as the site of the event “was a tough thing to achieve,” with Uruguayan Foreign Minister Rodolfo Nin Novoa signing the corresponding agreement last year.

He also noted the importance of the official visit made by Uruguayan President Tabare Vazquez, along with several government ministers, to China in October 2016, calling it “the final touch” in the realization of the event.

“That was the first stage, (and) now comes a second (stage) that we’re already in, which is the organization but also the promotion” of the event, he said.

Carambula said that the business sectors that will predominate at the summit will be those of agriculture, transportation, logistics and communications, as well as the service area in general.

 

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