Political Risk Latin America Blog @PolRiskLatam

Ambitious Uruguayan trade and investment incursion to India

Posted in News and Articles, Political Risk by politicalrisklatam on February 21, 2011

by Merco Press News, February 19th, 2011.

Considered one of the most ambitious trade and investment incursions to Asia, a delegation of Uruguayan business people headed by Vice-president Danilo Astori begins Saturday a seven-day official visit to India.

“In Uruguay we attach great importance to the visit. It is ground breaking and a great challenge. The most significant bilateral visit in the last twelve years” Uruguay’s Ambassador to India Cesar Ferrer is quoted by India’s news agency.

“During the visit we expect to sign an agreement on double taxation and another for cooperation in renewable energy”, added Ambassador Ferrer.

Astori and the 60-member strong delegation arrive in Mumbai late Saturday from where they will travel to Chennai, before concluding in Delhi.

Last Wednesday in Montevideo, Astori with Indian Ambassador R. Viswanathan released a postal stamp on Rabindranath Tagore to mark the 150th birth anniversary of the Nobel laureate.

The delegation includes Minister of Industry, Energy and Mining, Roberto Kreimerman, senior government officials and heads of business chambers. (continue reading… )


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