Home World China and Uruguay intend to push the US “backyard” into the new battlefield of China-US free trade negotiations? -BBC News Chinese

China and Uruguay intend to push the US “backyard” into the new battlefield of China-US free trade negotiations? -BBC News Chinese

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Image source,Xinhua

Image with text,

At the China International Trade in Services Fair held last year, the staff of the Uruguayan booth (left) talked with visitors (information photo in September 2020).

According to Reuters, Uruguay, a South American country, is advancing free trade negotiations with China. This move may promote Uruguay to become the “gateway” for economic and trade exchanges between Mercosur and China.

The Mercosur is composed of Argentina, Brazil, Paraguay and Uruguay. The organization implements common tariffs to promote the process of economic integration in Latin America.

South America has long been regarded as the “backyard” of the United States, but China’s economic presence in South America has become increasingly prominent, coupled with the deteriorating Sino-US relations, South America may become a new arena for the two major powers to compete for influence.

Why Uruguay?

Uruguayan President Luis Lacalle Pou revealed last week that China has made “official proposals” to promote free trade negotiations with Uruguay.

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