Tuesday, March 28, 2023

Uruguay wants to join TPP11

President of Uruguay, Louis Lacley Pauannounced this Tuesday that, in line with its business of “open to the world”, the country would apply to join. Progressive and Comprehensive Agreement for the Trans-Pacific Partnershipknown by its acronym TPP11Promoted by Chile and ratified by the National Congress.

During a speech in the framework of an event organized by the Union of Exporters of Uruguay (UEU) on the occasion of Export Day, the President assured that the South American nation would endeavor to join the CPTTP, an agreement which he noted, “It has been successful”.

“Our business is to open ourselves to the world”In this regard the President was stressed.

Lacalle Poe also emphasized in his speech that this move towards a possible adhesion of the agreement, which today includes 11 nations –Australia, Brunei, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam– The political system of the whole of Uruguay is approved.

“Like in October 2016 (then) President (Tabre) Vazquez talked about a deal with China and we came back and this time we managed to do a feasibility study, What we start many times will have to be finished or the next government will have to continue“, he sentenced in a conversation with the press.

The treaty is an updated version of the Trans-Pacific Partnership (TPP) signed on February 4, 2016, but which ran into trouble as a result of the former US President’s decision, Donald TrumpTo withdraw his country from that initiative in 2017.

Nation World News Desk
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