Dr. Ignacio Bartesaghi, Director of the International Business Institute of the Catholic University of Uruguay. (Photo: VNA) Ina recent interview granted to the Vietnam News Agency, he affirmed that Vietnam hasmade significant transformation in recent years, with a great ability to lureforeign investment.
Speaking highly of Vietnam’s foreign policy, he said it helps the country setup close relations with world’s powers and regional countries.
He particularly stressed that Vietnam and Uruguay hold huge potential foreconomic cooperation, given the complementary nature of the two economies.
Uruguayan exporters will find opportunities in the Vietnamese market, andUruguay also stands ready to welcome Vietnamese investors, he said.
Regarding the resumption of the negotiations for a free trade agreement (FTA)between Vietnam and the Southern Common Market (Mercosur), Bartesaghi said thepact will be a wonderful opportunity for the bloc’s members, including Brazil,Argentina, Uruguay, and Paraguay, to bolster connectivity with Vietnam so as todiversify linkages with Asia-Pacific and open up new markets.
The negotiations between Mercosur and the EU has reached the stalemate, and this could be an opportunity for ASEAN countries after Singapore and the blockclinched an FTA in 2023.
Mercosur could provide agricultural products for Vietnam and Indonesia while the two Southeast Asian countries could sell machines as well astechnological and electronic products to Mercosur, he said./.
VNA
