Uruguay
Orsi Highlighted the Search for Investment in New York and Defended a Direct Relationship with the United States
The Uruguayan president took part in an Americas Society - Council of the Americas event and raised the need for long-term alliances to boost the economy. He also referred to technology projects, his ties with Washington and his meeting with Lula da Silva.
As part of his official visit to New York, Uruguay’s president, Yamandú Orsi, took part in an event organized by Americas Society – Council of the Americas, where he raised the need to build long-term alliances and attract more and better investment to accelerate the country’s economic growth, according to Presidencia de la República and as reported by La Diaria.
According to statements by the president to El Observador cited by La Diaria, this type of meeting can serve both to attract new capital and to consolidate existing investments. Orsi also highlighted the support received and the recognition of the business climate that, he said, Uruguay continues to offer.
On developments linked to artificial intelligence, the president said it is a recurring topic in his conversations and maintained that several of the world’s leading data companies are already active in Uruguay or are considering entering the market. He also noted that Uruguay’s position, together with Paraguay’s energy, Argentina’s talent and Brazil’s progress, gives Latin America a relevant role in that agenda.
Asked about the Praxis project, Orsi confirmed that he will meet with its CEO, Dryden Brown. According to La Diaria, the president framed that initiative within a strategy being developed in Colonia and aimed at a new generation of technological workers with nomadic characteristics.
La Diaria added that Praxis plans to invest around 1,000 million dollars in Uruguay to house some 2,700 members of its community within the +Colonia urban development project. The outlet also noted that the Broad Front councilor Pedro Leizagoyen warned that it could be a closed city with ultraconservative positions.
Regarding the bilateral meeting he held with Brazil’s president, Luiz Inácio Lula da Silva, Orsi said they discussed integration and also issues such as the binational bridge over the Yaguarón River. La Diaria recalled that, at the end of that meeting, Lula announced that Uruguay will cede part of the quota it has in the Chinese market and will not complete this year.
Regarding the relationship with the administration of Donald Trump, Orsi valued the presence of the U.S. ambassador Lou Rinaldi, whom he said knows Uruguay well. According to La Diaria, the president stressed that dialogue with the United States is frank and said that, in a complex international context, maintaining a direct relationship may involve the risk of clashes, but ultimately proves beneficial.
Sources
About this note. Written by El Notero with the assistance of artificial intelligence, based on what was published by the cited outlet. El Notero did not conduct its own reporting on this event.
