Focusing on the software and ICT industry, Uruguay completed its strategic mission to promote cooperation and investment in China.
The delegation was led by the Minister of Industry, Ms. Carolina Cosse, and included more than 45 people, including officials and representatives of more than 24 companies from the technology sector.
On her return, Cosse highlighted Uruguay's infrastructure, including fibre optics, the Data Centre and the submarine cable, and detailed the characteristics of the national software industry.
"Uruguay is the country of fibre optics to the home; 75% of homes have an internet connection, 60% directly with fibre optics; we have a 12,000 km submarine cable project with the United States and Europe; we have world-class data centres; and we have a very well-developed software industry," he said.
"So we understand that in the commercial and cultural integration between Uruguay and China, our software industry had to play a very important role. And that is why this mission is with 30 software companies from Uruguay," he added.
In this regard, the minister said that Uruguay "is an ideal country to be China's technological port of entry into Latin America. And from there, with new business systems and new industries, to project itself to Latin America and, why not, to the world".
What agreements were signed?
Uruguay and China agreed to explore possibilities for cooperation in communication and information industry projects and to study a memorandum of understanding for industrial projects and parks. In addition, the Asian country will cooperate in the training of teachers in 3D printing for manufacturing, according to the dialogue between the Minister of Industry, Carolina Cosse, and the Chinese Minister of Industry and Information Technology, Miao Wei.
During the week in China, the delegation visited major technology companies such as Huawei, DJI, ZTE and Makeblock. B2B meetings were also held, and exchange spaces were set up in Shenzhen and Beijing between Chinese entrepreneurs and members of Uruguayan companies in the sector (see also: Uruguay in China: "There will be a before and after this trip").
Cuti's president, Leonardo Loureiro, said that during their mission to China they were "analysing how Uruguayan software companies can work with them, i.e. how they can be incorporated into the business partner system".
He concluded: "We found a China that is very advanced in e-commerce, electronic payments and artificial intelligence. It is for that China that Cuti companies have to think about working, or how we can make alliances with them to work anywhere in the world.
Source: AR Channel
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