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The space for economic and trade cooperation between China and Ukraine will be further expanded

2026-02-06   

Recently, the news of Uruguayan President Orsi's visit to China has attracted attention from multiple parties. Accompanying Orsi's visit to China is a delegation of about 150 people, including not only government officials but also nearly 100 business representatives, covering multiple fields such as agriculture and animal husbandry, technology, energy, and tourism. Multiple media outlets have claimed that this is the highest standard and largest scale visit to China in Uruguayan history. As an important supporting event for the Uruguayan President's visit to China, on February 3rd, the China Uruguay Trade and Investment Cooperation Forum was jointly hosted by the China Council for the Promotion of International Trade and the Uruguayan 21st Century Investment and Export Promotion Agency. More than 160 representatives from Chinese and Ukrainian enterprises in the fields of foreign trade, engineering, finance, telecommunications, tourism, etc. conducted docking and negotiation. Our beef has been exported to several southern cities in China, and next, we hope to enter the northern Chinese market. ”The person in charge of a company whose main business is exporting beef told reporters. As an important export product of Uruguay, the beef industry is one of the focuses of this Sino Ukrainian business exchange and discussion. Data shows that by 2025, Uruguay's beef exports to China will reach 863 million US dollars, a year-on-year increase of 14.2%. In the view of Quiva, the President of the Uruguayan National Meat Association, the Chinese market is "extremely important". The Chinese market is large in scale, growing rapidly, and full of regional diversity. Meat products and delicacies have a good consumer base, high-quality logistics chains, and cold chain acceptance capabilities. In the future, more high-quality meat products will be provided for Chinese consumers to choose from, releasing more momentum for promoting economic and trade cooperation between the two sides. Uruguay is an important agricultural and pastoral country in South America, with stable and growing demand for beef, soybeans, pulp and other products in the Chinese market. Uruguay mainly imports products from China, such as automobiles and mechanical equipment, forming a good trade complementarity between the two countries. The head of a company specializing in supplying products to hardware stores and related industries said that nowadays, Uruguayan companies are not satisfied with "selling raw materials" to China, but want to upgrade cooperation to a higher level and expand to a wider range of fields. He frankly stated that he hopes to bring more of China's rich and high-quality products to the Uruguayan market. This year marks the 38th anniversary of the establishment of diplomatic relations between China and Uruguay, and China has maintained its position as Uruguay's largest trading partner for more than 10 consecutive years. Since the establishment of the comprehensive strategic partnership in 2023, bilateral trade between China and Ukraine has developed rapidly with numerous highlights. Uruguay's red wine, beef, dairy products and other products provide Chinese consumers with more choices, while China's automobiles, household appliances, daily necessities and other products greatly enrich the material life of Uruguayan people. Data shows that by 2025, the trade volume between China and Ukraine will reach 7.19 billion US dollars, a year-on-year increase of 9.2%. In the same year, new products such as Uruguayan soybean meal and rapeseed meal were granted export access to China, providing greater opportunities for agricultural and animal husbandry cooperation between the two countries. Since the establishment of diplomatic relations 38 years ago, China and Ukraine have always adhered to mutual respect and equal treatment, and have achieved fruitful results in cooperation in various fields, becoming a model of unity and cooperation among countries of different sizes, systems, and cultures. ”Liu Jiannan, Vice President of the China Council for the Promotion of International Trade, said. Leonardo Codo, General Secretary of the Uruguayan Chinese Chamber of Commerce, said that Uruguay can become a bridge and link for Chinese enterprises to connect with the vast Latin American region, and that closer cooperation can be carried out between Ukraine and China. Mariana Ferreira, Executive Director of Uruguay's 21st Century Investment and Export Promotion Agency, emphasized that Uruguay has a superior business environment, stable and transparent policies, free foreign exchange and tax systems, and complete infrastructure, providing multiple benefits such as tax reductions and exemptions for foreign-funded enterprises. "The Ukrainian side hopes to take this opportunity to deepen practical cooperation with China, and sincerely invites more Chinese enterprises to invest and develop in Uruguay, sharing development opportunities. At present, the global scientific and technological innovation is unprecedentedly intensive and active, new technologies such as the Internet, big data, cloud computing, artificial intelligence and so on are deeply evolving, and the intelligent industry and digital economy are booming. A representative from the Uruguayan Chamber of Commerce for the Digital Economy said, 'Within the framework of this official visit to China, we hope to establish connections with more Chinese companies in innovative fields such as e-commerce, digital payments, automation, and artificial intelligence business applications.'. In the lively exchanges with Chinese companies, many Uruguayan companies have expressed the same view: they look forward to broader cooperation with China, creating more opportunities in cooperation, and bringing more benefits to the people of both countries in opportunities. In the future, we hope that enterprises from both countries can promote more high-quality Uruguayan specialty products and high value-added products to enter the Chinese market, and also allow more 'Made in China' and 'Made in China' products to enter thousands of households in Uruguay, actively creating new growth points for bilateral trade cooperation. ”Liu Jiannan said, "We also welcome Uruguayan enterprises to invest and start business in China to achieve greater achievements and better development in the process of participating in promoting Chinese path to modernization and integrating into high-quality development." (Lixin News Agency)

Edit:Yi Yi Responsible editor:Li Nian

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