South American Real Estate News
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China-Latin America trade enters a new era

Chinese and Latin American ties have entered a new era with Chinese Foreign Minister Wang Yi’s visit to Chile, Uruguay, and through the second Ministerial Meeting of the Forum of China and CELAC. The multilateral framework will initiate further collaboration under the Belt and Road Initiative and Asian Infrastructure Investment Bank, laying a solid foundation for the upcoming China-Latin American Forum this year. Presently, sluggish economic growth and dynamic political volatility, coupled with a steadfast…

Uruguay sees China as a leading trade and investment partner of all Mercosur countries

Uruguay has kept good relations with Beijing since the two countries forged diplomatic ties in 1988, said Uruguayan Foreign Affairs minister Luis Almagro, a former ambassador to China from 2007-2009. Almagro made the statement as Chinese Vice-President Xi Jinping begun his official visit to Uruguay. The Uruguayan official revealed that the administration of President Jose Mujica would support an initiative for the regional Mercosur customs union to reach a trade agreement with China, “although complicated…
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Argentine, Brazil, Chile, Paraguay, Uruguay
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