This is stated in the guild’s monthly report, which focuses on analyzing the treaty that was signed in the Uruguayan capital on January 17.
The UEU commends the importance of the European bloc for South American exports and investment.
The report cites official estimates of an increase in exports of close to 4 per cent and a 0.5 per cent increase in employment when the agreement is implemented.
Exporters expect a boost to trade in goods and services and investment on both sides.
Also an improvement in the competitiveness and security of supply chains; also improvements in the competitiveness and diversification of energy sources and raw materials.
In other areas, the report heralds the implementation of important changes in the fight against climate change, including deforestation, in favor of sustainable development.
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