Given the country's location, language, business history, shared culture and trade agreements, Uruguay is an excellent platform to access markets such as Brazil and Spanish-speaking countries.
Uruguay is well-positioned as a regional logistics hub due to its proximity to the wealthiest areas in South America. The country´s free zones, free ports and airport, and bonded warehouses are ideal places to set up distribution centers to supply goods to said cities.
As a MERCOSUR member and its Free Trade Agreement with Mexico, Uruguay has access to a market of 398 million people, which represents the 76% of Latin America´s GDP.
Moreover, Uruguay´s cultural affinity with Europe and North America, similar time zone, and excellent telecommunications infrastructure make the country an ideal nearshore location with those markets.
Uruguay is leader in communications in Latin America according to the International Telecommunication Union's 2014-2015 Information Technology and Communication's Development Index (ICT), which measures Internet penetration, mobile phone usage, and other related indicators.