Is Uruguay’s Trade Agenda Poised for a Breakthrough?
After a surprise meeting with Joe Biden, Uruguayan President Lacalle Pou’s trade push got a boost—but it isn’t easy to open up to a world ruled by realpolitik.
Uruguayan President Luis Lacalle Pou’s surprise meeting with Joe Biden on June 13 was meant to last 15 minutes but ended up lasting an hour and a half, as the two leaders discussed boosting commercial ties between the two countries. The unexpected interest from the U.S. president came on the heels of the unveiling of a bill, the United States Uruguay Economic Partnership Act, by a bipartisan group of U.S. senators. The bill proposes to ease visa restrictions and unilaterally reduce tariffs on certain Uruguayan exports: good news for a Uruguay that strongly feels the need to open up to the...
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