Are China and Mercosur the next alliance?

For now, Uruguay, pushing for a relaxation of Mercosur's decision for nearly two decades, decided to go it alone with China.

The Director General for Latin America and the Caribbean of the Chinese Ministry of Foreign Affairs, Cai Wei, reiterated on Monday (25) in Montevideo that Beijing, which has started negotiations on a free trade agreement with Uruguay, is open to "cooperation" with "Mercosur as a whole."

In 2019, the Mercosur generated a nominal gross domestic product (GDP) of around US$4.6 trillion, placing the bloc as the 5th largest economy in the world. The bloc ranks high on the human development index.

"The Chinese side is open to cooperation both with Mercosur as a whole and with each member . . .

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