Uraguay

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URUGUAYGroup-A4

Ankit Shah 05 Bharati Dhanurkar 10

Jahnvi Manek 20

Kartik Gala 23 Neelam Dharamshi 35

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SOCIALETIQUETTES

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The People:

pragmatic, utilitarian & materialistic approach to life.

Inherent trust of people and a strong belief in social

justice.Emphasis on Education

Meeting and Greeting:

warm & accompanied by a firm handshake.

Friends kiss once on the right cheek when meeting.

People do not greet strangers when passing on the street.Greeting or smiling at a stranger may be misunderstood.

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Body Language:

Stand very close when conversing, both socially andin business.

Never sit on or put your feet up on a desk or table.

The ch-ch sound is used to get someone's

attention or to get a bus to stop. The North American O.K. sign is extremely rude.

Dress: Dress conservatively and seldom wear the brightcolours

Women may not wear nylons during the summer.

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Dining and Entertainment:

People are very casual about time for social events.

An invitation for 9:00 p.m. usually means to arrive by 10:00 p.m.

Uruguayans usually dine at 9:00 or 10:00 p.m.

It is extremely impolite to use a toothpick in public. Uruguayans are comfortable conducting business over lunch.

Gifts:

Everyone likes North American jeans.

Women love flowers, especially roses. A rare, salmon-coloured tea rose isa favourite.

It is polite and common for guests to send candy or flowers to a hostessbefore the occasion.

Gift giving is not an important part of doing business. Give scotch (BlackLabel or Chivas Regal) and gifts made in the United States, especially fromyour region.

Political views:

Uruguayans like to talk about politics.

People are very proud of their country.

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BUSINESSETIQUETTES

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Dress and Appearance:

Business people dress conservatively in Uruguay.

Men should wear dark suits and ties.

Women should wear blouses with dark suits, skirts anddresses.

During hot summer months, your hosts may removetheir jackets and ties. Follow their lead and do the sameif this is the case.

Especially for Women

A foreign woman will have no problem doing business inUruguay. It may even be an advantage. Men like to bewith and enjoy doing business with women.

Do not misinterpret an invitation to join a man for abusiness lunch. He is not attempting to seduce you.

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Meetings: Appointments are necessary and punctuality is expected.

In keeping with tradition of South American business meetings, Uruguayans are

typically tardy for business meetings. You should be punctual, but be prepared to waitfor your hosts.

Make small talk before getting down to business.

Kinship and friendship play a major role in business transactions. Expertise and

experience are less important than who you are.

Uruguayans prefer to form relationships with clients and will want to get to knowyou. Family is very important in Uruguay; be prepared for your hosts to ask youpersonal questions about your family life.

Though many Uruguayan business people speak English, you will most likely needa translator.

Have plenty of business cards on hand. Print one side in English and the other inSpanish.

Present all materials in Spanish

Avoid visits during Carnival week.

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TRADE BETWEEN INDIA AND URUGUAY

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Stable country

strong middle class

Positive Investment Environment

Investments are allowed without prior

authorization,

foreign and national investors are treated alike

fully free remittance of capital and profits.

Business Environment

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Figures in Cr(Rs.)

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