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During Uruguayan President Luis Lacalle Pou’s visit to China from November 20 to 24, what achievements have the two sides made on the economic and trade fronts?(2023-11-23)

On November 22, President Xi Jinping held talks with Uruguayan President Luis Lacalle Pou, who was on a state visit to China. The two heads of state jointly announced the establishment of a comprehensive strategic partnership, charting the course for the development of China-Uruguay relations, including trade and economic cooperation.

China and Uruguay enjoy profound traditional friendship and fruitful cooperation in various fields. Since the establishment of diplomatic ties 35 years ago, bilateral trade has developed rapidly, Chinese investment in Uzbekistan continued to increase and areas of cooperation expanded. During the visit, the two sides agreed to set up a working group on trade connectivity under the mechanism of the China-Uruguay Mixed Economic and Trade Committee to further enhance bilateral trade facilitation. They agreed to strengthen investment cooperation in digital economy and green development to create new driving forces for high-quality development of bilateral investment cooperation.

Going forward, MOFCOM is willing to work with relevant departments of Uruguay to fully implement the important consensus reached by the two heads of state, deliver fruitful outcomes in the economic and trade field, and inject new impetus into the development of China-Uruguay comprehensive strategic partnership. Thank you.