Vietnam and Uruguay plot new trade deal in shadows of BRICS

Vietnamese leader Phạm Minh Chính sat down with Uruguay's head of state during the bustling BRICS gathering happening in Rio de Janeiro. The prime minister expressed enthusiasm about how both countries have been strengthening their ties, built on a long-standing friendship. He pushed for quick deals covering investment protection, visa-free travel for regular passport holders, and partnerships in science and digital tech. Chính also proposed boosting farm trade between the nations and encouraging Vietnamese companies to establish agricultural operations on Uruguayan soil. The meeting aimed at opening new markets for crops that each country produces best.

President Orsi shot back with enthusiasm about developing deeper connections with Vietnam and mentioned that his country will lead a significant Latin American group next year. Both leaders agreed to fast-track the Vietnam-MERCOSUR trade pact during the second half of 2025. They committed to sending more government officials back and forth to build trust and explore fresh cooperation opportunities. The pair decided that their foreign ministries should meet for political talks, while trade committees would review business partnerships.

Uruguay's president thanked Vietnam for inviting his delegation to attend a United Nations cybercrime treaty signing ceremony scheduled for October in Hanoi. The leaders promised to support one another at international meetings, including UN gatherings. Their agreement covers coordinating positions on global issues and supporting mutual interests worldwide. Both sides plan to have their government departments organize the upcoming diplomatic meetings and economic cooperation sessions. The partnership reflects growing ties between Southeast Asia and South America.
 

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