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Uruguay and China take concrete first step towards future free trade agreement outside Mercosur

RIO DE JANEIRO, BRAZIL - With the announcement of a feasibility study, Uruguay and China took the first step towards what could be a future Free Trade Agreement (FTA) between the two countries, something that is currently not allowed under MERCOSUR rules - the trade bloc that Uruguay is part of along with Argentina, Brazil and Paraguay.

President Luis Lacalle Pou announced at a press conference that China has formally agreed to move forward in the

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