Tag: Uruguay
UruguayMujica says Mercosur is “a chewing gum”; promises trade deals with third countries
Mercosur from a real point of view exits, but institutionally it’s a “chewing gum” claimed Uruguayan president Jose Mujica who anticipated he would demand from the block’s partners that Uruguay be allowed to sign bilateral trade agreements with third parties.
Uruguayan cabinet divided over how to address Argentine trade restrictions
The latest round of imports’ restrictions imposed by the government of President Cristina Fernandez and how to address them have triggered a serious debate inside the ministerial cabinet of Uruguayan president Jose Mujica.
Uruguayan president downplays the impact of Argentine imports’ restrictions
The new trade barriers enforced by the Argentine government are “insignificant, nothing to worry about,” Uruguayan president José Mujíca said to a Montevideo newspaper insisting that the best path is ‘dialogue’ dismounting each obstacle ‘step by step’.
Caribbean states join Mercosur in barring Falklands’ flagged vessels from their ports
Several Caribbean states and Nicaragua announced this weakened they will bar from their ports any vessel flying the Malvinas flag, according to a release from the Argentine Ministry of Foreign Affairs.
Uruguay inflation up 0.74% in January and 8.05% in the last twelve months
Uruguay's inflation rate rose in January 0.74% from December as housing, hotel and restaurant prices jumped, the national statistics agency, INE, reported this week. The consumer price index rose 8.05% on the year at the end of January, INE said.
UK warns Argentina on cutting off the air link of Falklands with South America
Britain warned Argentina against cutting off an air link to the Falklands as part of an economic blockade of the Islands, reports the Evening Standard. Buenos Aires is threatening to stop a weekly flight from Punta Arenas in Chile to Port Stanley by refusing permission for it to use Argentine airspace.
Argentina new imports’ restrictions come into effect; claims from Mercosur
Argentina’s controversial new import restrictions came into effect on Wednesday as part of the legislation on the trading sector which gives the government bureaucracy more powers to control and restrict imports.
Uruguay industry accuses Argentina of systematically blocking exports
The Uruguayan industrial sector warned that certain members of the Mercosur “are failing to fulfil their obligations” and targeted Argentina directly by pointing out that the new trade regulations set by the local Government “are hurting production” in the neighbouring country.
Uruguay's ruling coalition has 7 points lead over the opposition
Uruguay’s ruling catch-all coalition, Broad Front, has a 44% support well ahead of any of the two main opposition parties, according to the latest public opinion poll released in Montevideo by Equipos Mori.
Chile, Brazil and Uruguay among the world’s leading exporters of wood chips
Wood chip exports from Latin America are on track to reach a record high of almost eight million tons in 2011, reports the Wood Resource Quarterly. This would be an increase of 7% from last year and of almost 60% higher than in 2006.
