Yamandú Orsi has taken office as the new President of Uruguay. The inauguration ceremony was attended by various international leaders, including President Steinmeier of Germany, who praised Uruguay’s democratic stability. Following his oath, President Orsi celebrated with supporters and plans to focus on poverty reduction. Uruguay, a member of Mercosur, is also involved in trade negotiations with the European Union.
Yamandú Orsi has assumed the presidency of Uruguay, taking the oath of office in the nation’s parliament. The ceremony was attended by notable 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, who also engaged in bilateral talks with several Latin American leaders, including President Lula.
President Steinmeier commended Uruguay as a crucial ally for Germany, praising its longstanding stability as a democracy over the past 40 years. He noted ongoing cooperation with Uruguay in sectors such as business, science, and climate protection. Steinmeier is scheduled to meet Orsi for discussions shortly after his arrival.
After the oath, President Orsi and Vice President Carolina Cosse paraded through Independence Square in an open vehicle, greeted by thousands of enthusiastic supporters. The transition of power was marked by the outgoing President Luis Alberto Lacalle Pou ceremoniously transferring the presidential sash to President Orsi.
Uruguay stands out in Latin America, a region often affected by political divisions and authoritarianism. With a population of nearly 3.5 million, it is regarded as a model democracy, characterized by a history of alternating governance between center-right and center-left administrations. Currently, the nation experiences low inflation, high real wages, and low unemployment, while President Orsi aims to address poverty throughout his administration.
As a member of the South American trade bloc Mercosur, along with Brazil, Argentina, and Paraguay, Uruguay is engaged in ongoing trade negotiations, including a recent free trade agreement with the European Union. Orsi’s presidency presents an opportunity for continued democratic stability and economic development in Uruguay.
Yamandú Orsi’s presidency marks a significant chapter for Uruguay, a nation recognized for its stable democracy amidst a turbulent global political landscape. With the support of international leaders and a commitment to address pressing issues such as poverty, Uruguay aims to strengthen its democratic foundations while fostering economic growth. As part of Mercosur, the country is poised for continued engagement in international trade, which can further enhance its economic development.
Original Source: www.bluewin.ch
