Yamandú Orsi has taken office as Uruguay’s new President, inaugurated amid a gathering of Latin American leaders and dignitaries. German President Frank-Walter Steinmeier praised Uruguay’s stable democracy and discussed potential collaborations. Following the ceremony, Orsi celebrated with supporters in Independence Square, while expressing goals to address poverty and strengthen ties within the Mercosur alliance, which is engaged in a recent trade agreement with the EU.
Yamandú Orsi has officially assumed office as the new President of Uruguay, a left-wing leader who was inaugurated at a ceremony in the country’s parliament. Dignitaries present included 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 engaged in bilateral discussions with various Latin American leaders during the occasion.
President Steinmeier praised Uruguay’s long-standing status as a stable democracy, emphasizing the nation’s significant partnership with Germany in fields such as business, science, and climate protection. He remarked on the cooperation that has developed over the decades and expressed his eagerness to meet with President Orsi for further discussions on these collaborations this Sunday.
Following the inauguration, President Orsi and Vice President Carolina Cosse paraded through Independence Square in an open vehicle, greeted by enthusiastic cheers from thousands of supporters. The ceremonial transfer of power included the previous President Luis Alberto Lacalle Pou formally handing the presidential sash to Orsi, symbolizing the smooth transition of leadership.
Uruguay, with a population of approximately 3.5 million, is recognized throughout Latin America as a model of democracy, successfully alternating between center-right and center-left governments since its return to democratic rule 40 years ago. The political climate is relatively stable, characterized by low inflation, rising real wages, and low unemployment rates, which President Orsi aims to leverage to combat poverty during his five-year term.
Uruguay is also a member of the South American economic alliance Mercosur, alongside Brazil, Argentina, and Paraguay, which has recently reached a free trade agreement with the European Union, bolstering regional economic cooperation and trade opportunities.
The inauguration of Yamandú Orsi as the new President of Uruguay marks a significant political event, highlighting the country’s enduring democratic values and stability. With the support of international leaders and a commitment to growth and poverty alleviation, Orsi’s administration is poised to strengthen Uruguay’s role within Mercosur and enhance relations with Germany and other nations.
Original Source: www.bluewin.ch
