Yamandú Orsi Inaugurated as Uruguay’s New President

Yamandú Orsi is inaugurated as Uruguay’s new president. The ceremony included notable guests such as President Lula of Brazil and King Felipe VI of Spain. Steinmeier engaged in bilateral talks with other leaders. Uruguay is recognized for its stable democracy and will pursue poverty reduction during Orsi’s term. The nation is also involved in Mercosur’s recent trade agreement with the EU.

Yamandú Orsi has officially assumed the presidency of Uruguay, taking the oath of office at a ceremony held in the national parliament. The event was attended by several prominent figures, including 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.

Steinmeier utilized this opportunity to engage in bilateral discussions with various Latin American leaders, including a meeting with President Lula of Brazil. Uruguay, with its population of approximately 3.5 million, stands out as a beacon of democracy amid the prevailing political unrest and authoritarian trends in Latin America.

Having alternated between center-right and center-left governments for the past 40 years, the nation has maintained low inflation, recovered real wages, and low unemployment. During his upcoming five-year term, President Orsi expressed his commitment to combating poverty.

Uruguay is a member of the South American economic bloc Mercosur, alongside Brazil, Argentina, and Paraguay, which recently reached a free trade agreement with the European Union.

In summary, the inauguration of Yamandú Orsi marks a new chapter for Uruguay, a country known for its democratic resilience. With a focus on poverty alleviation and upholding social welfare, the new government aims to further strengthen Uruguay’s economic partnerships within Mercosur and maintain its status as a model democratic nation in a politically volatile region.

Original Source: www.bluewin.ch