“Uruguay does not figure in the list of countries with which France has financial difficulties”, said a special envoy from President Nicholas Sarkozy who visited Montevideo this week, thus ending the controversy triggered at the end of the early November G8 Cannes summit when Uruguay was described as a “fiscal haven”.
The Argentine ambassador in Uruguay, Dante Dovena said this week that French president Nicholas Sarkozy statement at the G20 summit, in reference to Uruguay (as a tax haven) is not shared by his government.
Brazil’s Foreign Affairs minister Antonio Patriota said Brasilia supports Uruguay in its controversy with France following President Nicholas Sarkozy claim, at the recent G20 summit, that Uruguay was a ‘fiscal haven’.
President Jose Mujica said on Sunday that his peer from Brazil Dilma Rousseff will make a strong declaration in support of Uruguay when the next G20 summit to counter French President Nicholas Sarkozy recent statements in Cannes describing one of Mercosur junior members as a “fiscal haven”
Uruguay received a huge political boost from Mexico (the same it was denied from its Mercosur partners under influence from Argentina) in its dispute with the recent G20 summit which through spokesperson French president Nicholas Sarkozy described Uruguay as a ‘fiscal haven’.
Brazilian president Dilma Rousseff criticized German chancellor Angela Merkel for her refusal to receive suggestions as to how face the global crisis and on specific issues such as youth unemployment.
The French ambassador in Montevideo, Jean Christophe Potton said that when President Nicholas Sarkozy named Uruguay and ten other countries as ‘fiscal havens’, which could be isolated from the International community, he was speaking in representation of the G20 countries summit in Cannes.
The Panamanian government “categorically” rejected Saturday French President Nicolas Sarkozy's “unfair” and “offensive” characterization of the country as a tax haven. “Panama is not a tax haven,” said Panamanian President Ricardo Martinelli.
The G20, composed of the world's most powerful economies, come up Friday with an action plan to save the world economic and stabilize the global monetary system, according to an official statement from the Group of 20. The continuing Euro zone debt crisis has dominated the summit.
Italy has agreed to allow the European Commission and the International Monetary Fund (IMF) to monitor its implementation of budgetary reforms that would cut state spending and raise revenue in a bid to prevent the sovereign debt crisis from spreading to the Euro zone’s third largest economy.