INSUBCONTINENT EXCLUSIVE:
fellow bloc members that Uruguay would continue its negotiations with China.As a result of this disagreement, Uruguay refrained from signing
the joint declaration at the 62nd Mercosur Summit
This marks the fourth time the country has chosen not to ratify the document.Uruguay is currently engaged in bilateral negotiations with
at a disadvantage in trade negotiations with other economic blocs.Luis Alberto Lacalle Pou
imports surpassed those of all other Mercosur countries, reaching US$312.6 billion in exports and US$253.8 billion in imports.The trade
balance remains positive, amounting to US$58.7 billion.Argentina has a positive trade balance of USD 14.9 billion, while Uruguay stands at
Paraguay, on the other hand, faces a negative trade balance of US$5.6 billion.
