Uruguay: Port conflict leaves USD 60 million in products unexported

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By AltaMar News Editorial Staff

@AltaMar.News

The interruption of activities from October 2 to 8 represented approximately USD 60 million in unexported merchandise, stated the Unión de Exportadores del Uruguay (UEU).

According to the entity, only a portion managed to be shipped during the ten days of negotiation between workers, companies, and the national government. Since Friday the 17th, the activity has again suffered interruptions, it indicated in a public statement.

“The unpredictability of operations makes foreign trade management extremely difficult,” it added. The organization recalled that each day without export activity represents a breach of commitments with customers abroad, which generates a loss of confidence in Montevideo as an actor in the international transit of goods.

Furthermore, the work stoppage results in additional costs at the logistical level, among other complications, which can cause companies from different sectors to make the decision to stop their activities, “thus affecting sources of work and financial commitments,” the document stated.

“Once again, we urgently call for reaching agreements that provide predictability to operations. With foreign trade in this situation, Uruguay as a whole loses,” concluded UEU.