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  HOME | Latin America (Click here for more)

Latin American, European Firms Talk Business at Uruguay Investment Forum

MONTEVIDEO – Executives and investors from Latin America and Europe paired up for business-to-business conversations on Thursday on the second day of the 1st European Investment Forum in Uruguay.

“We have roughly 200 meetings set,” the director of the Uruguay XXI investment and foreign trade agency told EFE.

“And in the afternoon we will do the technical visits, where we also have a very significant number of people registered,” Antonio Carambula said.

The B2B encounters and site visits constitute the practical aspect of the forum, while Wednesday’s presentations and roundtable discussions represented “the more theoretical part,” the European Union ambassador in Montevideo, Juan Fernandez Trigo, told EFE.

While both elements are important, Thursday’s session is the moment for “those who are poised to make decisions, or who might do so in the future, to resolve their doubts and clarify some unknowns,” the Spaniard said.

The EU and Uruguay XXI are the organizers of the event.

Present in the main hall where the B2B meetings take place are representatives of European chambers of commerce and of various Uruguayan government agencies, who stand ready to provide information and respond to questions.

The EU envoy and the Uruguay XII chief both deemed the first day of the forum a success.

“Based on the satisfied faces in the course of the day and the quite positive comments we have received, I have the impression that it has been a very well-accepted initiative,” Fernandez Trigo said.

He also cited the Uruguayan’s government’s commitment to the forum, as reflected in the presence of the relevant Cabinet ministers during discussions devoted to individual economic sectors.

Carambula pointed out that while “there were speakers with global vision, but there were many who spoke from a Latin American perspective.”

“Absolutely, in the case of Uruguay, both at the level of government and of the business sector, there is a concern and a quest to position Latin America as a fitting destination for the arrival of investment from the entire world and particularly from Europe,” Carambula said.

 

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