There are current tensions within the South American trade bloc Mercosur, since Uruguay has formally decided to agree on a Free Trade treaty with China; Mercosur’s major partners claim that decisions of such caliber should be done consulting the bloc

The World Bank has highlighted Uruguay's economy as the most outstanding in Latin America for 2024, with a projected GDP growth of 3,2% for 2024 and 2,6% for 2025, due to solid public policies, infrastructure improvements, and economic diversification

The Central Bank of Uruguay has expanded its regulations to prohibit transactions related to online gambling and betting sites, impacting Payment Service Providers and requiring them to implement preventive mechanisms to avoid these illegal transactions

Uruguay celebrated 60 years of diplomatic relations with South Korea, featuring a special taekwondo demonstration and honoring Julio C. Maglione, President of the Uruguayan Olympic Committee

Uruguay will promote Mercosur-China free trade dialogue during its upcoming rotating presidency of Mercosur, beginning July 8, with Foreign Minister Omar Paganini emphasizing modernization and global trade access