India  Uruguay Business and Cultural Council and GIBF logo

India Uruguay Business and Cultural Council

India Uruguay Business and Cultural Council - About Uruguay

About Uruguay

Uruguay, a small South American nation bordered by Argentina, Brazil, and the Atlantic Ocean, is known for its stable political system, high standard of living, and strong democratic traditions. With a population of around 3.5 million people, it is one of the most progressive countries in Latin America, often cited for its advancements in social policies, education, and environmental protection.
The capital and largest city, Montevideo, is home to about a third of the country's population. The city is a vibrant cultural hub, combining modern infrastructure with colonial architecture. Uruguay's economy is primarily based on agriculture, with products like beef, wool, soybeans, and rice being major exports. In recent years, the country has also developed a thriving tech sector, earning it the nickname "Silicon Valley of South America."
Uruguay has a long history of political stability, with democratic governance being a cornerstone since the early 20th century. It is also known for its progressive laws, having legalized same-sex marriage, marijuana use, and abortion, making it a leader in social reforms in the region.
Uruguayans enjoy a high quality of life, with universal healthcare, free education, and a strong social welfare system. The country boasts a literacy rate of over 98%, and education is free at all levels, including university.
Tourism is an important sector, especially along the Atlantic coast. The resort town of Punta del Este attracts visitors from around the world with its beautiful beaches, luxury hotels, and vibrant nightlife.
Uruguay is also deeply rooted in its traditions, with football being a national passion. The country won the first FIFA World Cup in 1930 and remains competitive in international soccer to this day. Known for its mate tea, friendly people, and relaxed lifestyle, Uruguay is a unique blend of modernity and tradition.

Objectives

Objectives

India Uruguay Business and Cultural Council - Business Council

Business Council

To promote bilateral trade between India and Uruguay To boost businesses of all the sectors, particularly MSMEs, and create business opportunities To promote businesses of all sizes across the two countries Establish business to business and people to people contact Create tie-ups amongst chambers of commerce and have businesspeople as part of this council.

India Uruguay Business and Cultural Council - Cultural Council

Cultural Council

To promote cultures and exchange ideas and values through this council Facilitate cultural exchanges in the form of music, dance, history, artifacts, exhibitions, expos and even through online mediums Create opportunities for student exchanges, training and courses to promote cultural relations between India and Uruguay To promote artists through shows, exhibitions, etc. either in person or through online mediums.

Uncover a string of investment options in Uruguay

Uruguay AT A GLANCE

Uruguay AT A GLANCE

Oriental Republic of Uruguay

Montevideo

South America

176,214 km2 68,037 sq mi

3.5 million+ (2024)

Spanish

The top exports of Uruguay are Frozen Bovine Meat, Sulfate Chemical Woodpulp Concentrated Milk Electricity and Bovine Meat exporting mostly to China, Brazil, United States Argentina and Netherlands

The top imports of Uruguay are Crude Petroleum, Cars Packaged Medicaments Broadcasting Equipment and Refined Petroleum importing mostly from China, Brazil Argentina, United States, and Germany

Uruguayan Peso

+598

(GMT-3)