SANTA CRUZ, Bolivia – Antonio Carambula, executive director of foreign trade agency Uruguay XXI, made a stop on Tuesday in the eastern Bolivian city of Santa Cruz to promote the China-LAC business summit, which will take place later this year in the Uruguayan resort city of Punta del Este.
“The idea is to call on our counterparts and the companies that regularly do business in China, or have an opportunity to do so, to participate in this event,” the Uruguayan trade development official told EFE.
Carambula also plans to make presentations about the summit, which is expected to draw more than 700 businesses from across Latin America and Asia, in La Paz.
Chinese Consul Ou Jianhong and Uruguayan Consul Deborah Serra participated in the event in Santa Cruz.
China is Latin America’s No. 1 trade partner and has become the No. 2 source of foreign direct investment (FDI) globally.
“China has been one of the main source countries for investment in the world and these opportunities have still not been taken advantage of in Uruguay,” Carambula said.
China-LAC, the biggest business gathering between China and the Latin American and Caribbean region, will take place Nov. 30-Dec. 2 in Punta del Este.