Uruguay
Report by Uruguay
The period 2006-2010 was a period of high and sustained growth for the Uruguayan economy which exceeded its potential growth rate - estimated at 4 per cent annually - during five of the six years. GDP grew at an average rate of 6.2 per cent far surpassing the historical averages. As a result per capita GDP doubled during the period reaching 11996 dollars in 2010. This trend was maintained throughout the period and was not reversed by the global crisis of 2009: although the GDP growth rate fell to 2.6 per cent it recovered significantly in the following year. The Government expects the growth rate to exceed its potential rate once again in 2011. All along the main driving force behind this growth was domestic demand.
Observaciones a modo de conclusión del Presidente del Órgano de Examen de las Políticas Comerciales, Exmo. Sr. Eloi Laourou de Benin en la Reunión de Examen de las Políticas Comerciales del Uruguay celebrada los días 27 y 29 de junio de 2018
Este quinto examen de las políticas comerciales del Uruguay nos ha permitido conocer más a fondo sus políticas comerciales y de inversión y en particular los cambios introducidos desde el último examen en 2012. Quisiera dar las gracias a la delegación del Uruguay encabezada por el Excmo. Sr. Embajador Carlos Amorín Director General de la Secretaría del Ministerio de Relaciones Exteriores por su constructiva participación durante todo el ejercicio y también a nuestro ponente el Excmo. Sr. Embajador Diego Aulestia Representante Permanente del Ecuador ante la OMC por sus interesantes y esclarecedoras observaciones así como a las 31 delegaciones que tomaron la palabra el primer día por su activa participación en este examen.
Report by the WTO Secretariat
Uruguay has an open trade and investment regime with few border restrictions and limited use of non-tariff measures. Its trade strategy consists essentially of continuing to liberalize trade and investment both at the multilateral and regional levels. As a small and open economy Uruguay depends on markets that are free of trade restrictions and distortions particularly in the agricultural sector which accounts for the bulk of its exports. In the investment area Uruguay is actively seeking to improve its business environment in order to continue attracting foreign direct investment as a means of supporting economic growth and employment and promoting technology transfer.