Yamandú Orsi Assumes Presidency in Uruguay Amidst Celebrations and…

Yamandú Orsi took office as Uruguay’s new president, with notable leaders in attendance at his swearing-in ceremony. German President Steinmeier highlighted Uruguay’s democratic stability and importance as a partner for Germany. President Orsi, accompanied by Vice President Cosse, celebrated with supporters during the transition. He aims to combat poverty and strengthen economic ties through Mercosur, amidst challenges faced by the broader Latin American region.

Yamandú Orsi has officially assumed the presidency of Uruguay, taking the oath of office within the national parliament. During the ceremony, prominent attendees included Brazilian President Luiz Inácio Lula da Silva, Colombian President Gustavo Petro, Chilean President Gabriel Boric, Spain’s King Felipe VI, and German President Frank-Walter Steinmeier. This congregation of leaders facilitated various bilateral discussions, notably between Steinmeier and President Lula of Brazil.

Upon his arrival, President Steinmeier commended Uruguay’s long-standing democratic stability, describing it as an essential partner for Germany. He emphasized the countries’ collaboration across multiple sectors, including business, science, and climate protection initiatives. President Steinmeier is scheduled to meet President Orsi for further discussions this Sunday.

Following the oath-taking, President Orsi, alongside Vice President Carolina Cosse, paraded in an open vehicle through Independence Square, where they were met with enthusiastic cheers from thousands of supporters. The former President, Luis Alberto Lacalle Pou, ceremoniously transferred the presidential sash to his successor, marking a significant transition of power.

In a region often affected by political turmoil, Uruguay stands out as a beacon of democracy, having alternated between center-right and center-left governments since its return to democracy four decades ago. The nation, with a population of approximately 3.5 million, exhibits low inflation, rising real wages, and minimal unemployment. President Orsi aims to address poverty during his five-year term, building on Uruguay’s role within the regional economic alliance, Mercosur, which has recently advanced a free trade agreement with the European Union.

In summary, Yamandú Orsi has begun his presidency amidst a backdrop of democratic stability in Uruguay. The ceremonial transition was met with enthusiasm from supporters, and President Steinmeier’s praises highlight Uruguay’s international significance. Orsi’s commitment to addressing poverty will be critical in further enhancing the country’s economic profile, particularly within the context of Mercosur and its recent trade negotiations.

Original Source: www.bluewin.ch