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The Ministry of Industry, Energy and Mining (MIEM); Ministry of Foreign Affairs; the United States Department of State; and the Department of Commerce of that country signed a memorandum of understanding that aims to enhance mutual cooperation, especially in the areas of development and deployment of critical and emerging technologies. The agreement constitutes a relevant milestone to position Uruguay as an innovation hub at the regional level.
The signing of the document took place at the headquarters of the Foreign Ministry on April 10. The Minister of Industry, Energy and Mining, Elisa Facio , participated ; Foreign Minister Omar Paganini ; the Undersecretary of International Trade of the United States of America, Marisa Lago ; and the ambassador of that country, Heide Fulton .
Facio celebrated the shared commitment to advancing innovation and sustainability , as well as addressing the global challenges contained in the document. He stated that it will contribute to the transition towards a more sustainable and resilient future. “In a thriving innovative ecosystem that is already consolidated, we intend to bring Uruguay to the forefront of the knowledge economy and position ourselves as an outstanding regional hub ,” said the minister, who also highlighted the country's leadership in terms of institutional and legal stability.
In this framework, he highlighted the importance of the deployment of technologies and science, as well as the acceleration of key sectors such as information and communication technologies (ICT), biotechnology and artificial intelligence, among others. He stressed that this document will open important opportunities in these areas.
The agreement establishes, starting from an environment of accelerated technological change, areas in which Uruguay can cooperate and develop, taking into account that the United States is its main technological market, Minister Paganini recalled. Likewise, the memorandum of understanding will provide a regulatory framework regarding new technologies and the treatment of competitiveness in this area.
“With the memorandum, paths of cooperation are opened that will mean opportunities to develop our local capabilities and open markets,” said the chancellor.
In terms of biotechnology, Paganini considered that there is potential for development in the country, thanks to its scientific community, which can consolidate this area as an economically vibrant sector.
