Uruguay’s “Fascinating Gambit” On Trade
The nation is looking past Mercosur to China and the Pacific—and Washington is in danger of missing out.
This article is adapted from AQ’s special report on Uruguay Trade is the lifeblood of Uruguay’s economy, and the administration of Luis Lacalle Pou is doing virtually everything within reason to position itself effectively and creatively, given regional and global realities. Nestled between South America’s two largest countries, Montevideo has relied on an outward-facing strategy to compensate for its tiny internal market, first through the Common Market of the South (Mercosur), which includes Argentina, Brazil and Paraguay. Uruguay also maintains strong traditional links...
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