The Spanish Chamber highlights the interest of Spanish SMEs in entering the Uruguayan market

A very attractive destination for Spanish SMEs

The Director General of the Spanish Chamber of Commerce, Inmaculada Riera, highlights the commitment of the Uruguayan Government to open trade and inclusive social policies.

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The business environment and the market opportunities convert to Uruguay in a very attractive destination for the Spanish SMEs, as the director general of the Chamber of Spain, Inmaculada Riera, during his speech at the Spain-Uruguay Business Meeting which has been held in Montevideo.

 

Immaculate Riera He also highlighted the Uruguayan government's commitment to the commercial opening and inclusive social policies, factors that explain the development of its economy in recent decades. The high level of per capita income, low rates of inequality and poverty, stability, and low levels of corruption are other elements that, in the opinion of the Director General of the Chamber of Spain They explain the attractiveness of this market for the Spanish companies.

 

Although the international situation in the last two years has caused Uruguay's GDP growth to slow to 1,5% in 2016, the country is emerging from the recession. Brazil and Argentina It will have a direct impact on the Uruguayan economy, "so integrated into regional value chains with its neighbors," he noted. Immaculate Riera.

 

 

During her speech at the Spain-Uruguay Business Meeting, the Director General of the Spanish Chamber of Commerce reiterated her support for the EU-Mercosur association agreement.

 

The government's infrastructure and renewable energy plans, and the entry into force in 2015 of the new PPP (public-private partnership) regulations, "are signs that have not gone unnoticed by Spanish companies," he stated. Immaculate Riera. 

 

Finally, during his speech at the Spain-Uruguay Business Meeting, the general director of the Chamber of Spain Support for the partnership agreement between the UE y Mercosur which “will increase trade flows and investments, benefiting both parties.”

 

The business meeting “Spain and Uruguay, thinking about the future”, which has been held in MontevideoIt has been organized by ICEX - Spanish Institute for Foreign Trade, In collaboration with Chamber of Spain and CEOEThe Prime Minister, Mariano Rajoy, has closed the event.