Uruguay upgrades China ties to match big South American neighbours

[1/6] Chinese President Xi Jinping and Uruguayan President Luis Lacalle Pou attend a meeting at the Great Hall of the People in Beijing, China November 22, 2023. REUTERS/Florence Lo/Pool Acquire Licensing Rights

Summary China, Uruguay upgrade ties, sign cooperation documents

Uruguay-China relations now match Argentina, Brazil

Mercosur membership restricts Uruguay from China deal

Uruguay plans to join China-led New Development Bank

BEIJING, Nov 22 (Reuters) – China and Uruguay upgraded their bilateral ties on Wednesday, setting the stage for further trade and investment and elevating the ambitious South American country’s relations with Beijing to those of fellow Mercosur members Brazil and Argentina.…

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