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US, Uruguay Sign Customs Agreement, Target Duty Evasion, Says White House

The U.S. and Uruguay aimed to sign a Customs Mutual Assistance Agreement on the sidelines of a May 12 meeting between President Barack Obama and Uruguayan President Jose Mujica Cordano, according to a White House Fact Sheet. The agreement provides…

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the legal framework to exchange information and lend assistance related to the prevention, detection, and investigation of customs offenses. The collaboration aims to stem duty evasion, among other customs priorities, according to the White House. The U.S. has signed similar agreements with 68 countries globally. The two sides also held on May 12 a trade and investment council meeting under the bilateral Trade and Investment Framework Agreement. The meeting included work toward enhancement on bilateral trade facilitation, market access for agricultural products, trade in services, intellectual property rights and small and medium business cooperation, said the White House. The officials in attendance praised the recent Uruguayan grant of market access to U.S. poultry and beef, along with U.S. market opening to Uruguayan citrus and deboned lamb. Bilateral trade registered $2.2 billion in total goods trade in 2013, said the White House.