Former Chilean minister Nicolás Grau, who consulted for the Uruguayan government, believes the proposed competitiveness law will lower costs for imported goods in Uruguay. Grau emphasized the legislation doesn't signify deregulation, but rather improved regulation. He clarified that the project, driven by Uruguay’s Ministry of Economy, aims to streamline processes and enhance efficiency. This assessment comes after a consultancy he conducted for the Uruguayan government on the matter. Grau’s statements suggest the law seeks to optimize trade conditions rather than eliminate existing regulations entirely. The initiative is expected to impact the cost of various imported products for Uruguayan consumers and businesses. This could boost Uruguay's economy by making goods more affordable.

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