India-Uruguay economic cooperation

by Craig Janis

Recent meetings between high-level representatives from India and Uruguay have produced a number of positive results, including plans to increase cooperation in the agriculture, pharmaceuticals, textiles, automobiles, machineries, IT (link). Cooperation is also being negotiated for the renewable energy sector with a focus on wind energy (link).

“For Uruguay in its international insertion strategy, links with India are crucial since it is one of the emerging powers with a growing influence in the global context; this is why it is so important to increase trade, both ways, because currently it is insignificant and negative for Uruguay.” – Vice President of Uruguay, Danilo Astori (link).