U.S. Signs Trade Facilitation Agreement with Uruguay

On August 27, 2013, International Trade Administration (ITA) announced that Under Secretary of Commerce for International Trade Francisco Sanchez signed a trade facilitation Memorandum of Understanding (MOU).

The MOU highlights the joint U.S.-Uruguay cooperation in support of the developments of a working group in Uruguay and technical training for the purpose of trade facilitation capacity building.

Uruguay is the only non-FTA country included in the Pathways to Prosperity Customs Modernization and Border Management program. In 2012, U.S.-Uruguay total trade amounted to $1.7 billion; U.S. exports to Uruguay totaled $1.4 billion.