Oriental Republic of Uruguay celebrate National day on 25th August 2016
Q. Greetings were extended to which nation on its National Day (25th August 2016) eve by the President of India?- Published on 25 Aug 16
a. Oriental Republic of Uruguay
b. People’s Republic of China
c. Democratic People’s Republic of Korea
d. None of the above
ANSWER: Oriental Republic of Uruguay
President of India Shri Pranab Mukherjee extended greetings and felicitations to the Government and people of the Oriental Republic of Uruguay on the eve of their National Day (August 25, 2016).
- The President of the Oriental Republic of Uruguay is Tabara Vazquez.
- India and Uruguay enjoy friendly relations and warm bilateral ties
- Uruguay is located in the SE region of S. America, bordering Argentina to the west and Brazil to the north and east
- The Atlantic Ocean is to its southeast and Uruguay is home to 3.42 million of which 1.8 million are in largest city Montevideo which is also its capital.
- Uruguay has an area of 176,000 square kilometres and is geographically the second smallest nation in South America
- The smallest nation in South America is Suriname
- Uruguay is ranked first in Latin America in democracy, peace, corruption free governance
- It is ranked second in the region on economic freedom, income equality, per capital income and inflows of FDI
- Trade turnover was US$ 119 million for 2013 between India and Uruguay and during the first ten months of 2014 (January-October) stands atUSD 129 million.
- Indian exports to Uruguay account for USD 114 while Indian imports account for USD 15 million.
- Uruguay is one of the more stable and transparent markets in Latin America with investor friendly policy environment.