The Free Trade Agreement between Mercosur and Singapore entered into force on a bilateral basis between Uruguay and the city-state on 1 March 2026, after both sides completed domestic procedures and deposited their instruments of ratification.
The two governments signalled interest in advancing conversations on a possible trade agreement involving China and Mercosur—an idea long discussed in the region but complicated by bloc dynamics.
Qatar and Uruguay signed two economic agreements aimed at strengthening investment flows and eliminating double taxation as Doha moves to expand its network of international trade partners.
Australian Trade Minister announced "substantial progress" on Costa Rica's membership application and that negotiations on Uruguay's accession would commence.
The Uruguayan state had its bank accounts in Luxembourg frozen for several months due to non-payment of an arbitration award over the closure of national airline Pluna.
During a five-day trip to Brazil, Bolivia and Paraguay this week, Swiss Foreign Minister Ignazio Cassis tried to push forward negotiations on a free trade agreement between Mercosur and the European Free Trade Association (EFTA).
Uruguay is currently facing five international lawsuits, according to the future Pro-secretary of the Presidency, Jorge Lopez, of the Frente Amplio government that will take office on March 1.
The Latin America Regional Aviation Holding has intensified its legal dispute with Uruguay following the country’s failure to comply with the arbitral award related to the closure of Pluna.