The China–Uruguay Trade and Investment Cooperation Forum was held in Beijing on Tuesday, bringing together officials and business leaders from both sides and serving as a key platform to advance economic engagement between the two sides.
The event coincided with Uruguayan President Yamandu Orsi's week-long state visit to China from Feb 1 to 7, and came after he held talks with Chinese President Xi Jinping on Tuesday morning, during which the two leaders agreed to deepen cooperation across various sectors.
More than 160 representatives of Chinese and Uruguayan enterprises from foreign trade, engineering, finance, telecommunications, tourism and other sectors attended the forum.
Uruguayan representatives expressed confidence in China's economic outlook and market vitality, saying there remains significant room to deepen trade and investment cooperation in the years ahead.
"We have many products we can offer to your country, and we have the possibility to receive technology from China to increase and to be more efficient. So we are very happy being here," said Gaston Scayola, President of the National Meat Institute of Uruguay.
"We think we have a lot of [areas] of cooperation. We are working very well with China at the moment. We can work much more in the future," said Rafael Ferber, head of the Rural Association of Uruguay.
Leonardo Code, Secretary General of the Uruguayan Chinese Chamber of Commerce, noted that Uruguay's unique position as a stable and open economy makes it an ideal strategic partner through which to enter the Latin American Market and outlined the country’s collaborative vision.
"We can be partners together with China, to use as the country to come to our Latin [American] area and to test the products and test some services to go into Latin America," said Code.
In 2025, the bilateral trade volume between China and Uruguay was 7.19 billion U.S. dollars, including Chinese exports of 3.68 billion U.S. dollars and imports of 3.51 billion U.S. dollars, up by 9.2 percent, 12.8 percent and 5.6 percent respectively.
"In the future, we hope to see more high-quality, high-value-added Uruguayan products enter the Chinese market, while also enabling more Chinese manufactured and smart-manufactured goods to reach every corner of Uruguay. This will actively create new growth points for our bilateral trade," said Liu Jiannan, Vice Chairman of the China Council for the Promotion of International Trade (CCPIT).
China-Uruguay forum helps strengthen trade, investment ties in Beijing
China-Uruguay forum helps strengthen trade, investment ties in Beijing
