Monday, May 29, 2023

Lacalle Po warns Uruguay faces “imbalance” due to exchange difference with Argentina

President of Uruguay, louis lacle pou Referred to the macroeconomic situation of Argentina and He assured that the exchange difference between the two countries “creates an imbalance” in border businesses. And because of this, many have been forced to close their doors in recent times.

“We are with a border problem because the prices Argentinian stuff is insanely cheap And naturally the neighbors consume where it is cheaper for them,” said the President.

Every day, and especially on weekends, Thousands of Uruguayans cross the border via one of three stages enabled by the Fray Bentos–Gualeguachu bridges; Paysandú-Colon and Salto-Concordia and across the Uruguay River on the border of Bella Union and Monte Caseros It’s cheap enough to take advantage of the exchange difference and buy groceries and clothing in Argentina.

“It gives us imbalance And businesses are penalized at our border. We have taken measures, but it is not enough“, the President of Uruguay said in radio statements.

For his part, Andres Lima, Mayor of Salto, Asked for “border policies” from the government and confirmed that in his city Around 170 shops have already closed affected by the price difference.

Furthermore, he highlighted another phenomenon resulting from the exchange gap: “More than 2,000 Uruguayan families rent and move to live in Entre Ríos due to lack of border policies”,

Beyond this specific issue, Lacalle Poe pointed out: “A stable field serves us without jerks, Things get better for Argentina and Brazil, better for Uruguay,

On the other hand, and regarding the presidential elections to be held in October, Lacalle Po assured: “Whoever will govern in December, let’s try to get along, When people look this way, they take a long look, look at the field,

Nation World News Desk
Nation World News Desk
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