Chilean President Michelle Bachelet and Uruguayan President Tabare Vasquez signed three trade agreements Monday.

The agreements were the Bilateral Trade Commission Agreement, the Chile-Uruguay 21st Century Cooperation Agreement, and the Promotion and Investment Institution Cooperation Agreement.

Vasquez, who is in Chile on a two-day visit, will also sign business cooperation agreements and meet with Uruguayan and Chilean industrialists.

Among Vasquez's entourage are Foreign Minister Reinaldo Gargano, Economy Minister Danilo Astori and Defense Minister Azucena Berrutti.