MANAGUA, March 19 (Xinhua) -- Uruguay is keen to promote business ties between two economic blocs in Latin America, visiting Uruguayan Foreign Minister Luis Almagro said Tuesday.
At a joint press conference with Jose Adan Aguerri, president of Nicaragua's Supreme Council for Private Enterprise (Cosep), Almagro said Uruguay strongly believes in Latin American integration, especially for business cooperation.
Aguerri said Nicaragua's private sector is willing to promote trade ties between the two economic blocs, the Common Market of the South (Mercosur) and the Central American Integration System (SICA).
Aguerri also said he hopes that by mid-2013, SICA and Mercosur member countries will be able to have direct contact to strengthen their commercial ties.
Uruguay is interested in seeking new markets for its pharmaceutical and agriculture products, said Almagro, who has also visited Guatemala and El Salvador during his ongoing foreign tour.
Uruguay is also interested in purchasing such Nicaraguan products as coffee, rum and tobacco, among others.
Mercosur member countries include Argentina, Brazil, Uruguay, Paraguay, Bolivia and Venezuela, while SICA's full members include Belize, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama.
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