China, Uruguay agree to begin studying FTA

By Zhang Yunbi | China Daily

Presidents Xi and Vazquez also decide they will upgrade relations to a strategic partnership

China and Uruguay have agreed to hold consultations on starting joint feasibility studies of a bilateral free trade agreement, diplomats confirmed.

In a joint statement released after the meeting between President Xi Jinping and his visiting Uruguayan counterpart, Tabare Vazquez, the two countries pledged commitment to “pushing forward free trade partnership building”.

Additionally, the two leaders decided to upgrade the bilateral ties to a strategic partnership.