Uruguayan and Argentine delegates on Saturday held a new round of talks in New York sponsored by the Spanish Crown in an effort to find a way out to the dispute over the construction of pulp mills along the river Uruguay jointly managed by the neighboring countries.
Uruguay's wholesale prices soared 3.1% in September, pushed by higher agriculture costs admitted the government, bringing overall wholesale inflation for the first nine months of the year to 17.6%, compared to 9.7% in the same period a year ago.
Uruguay is South America most environmentally friendly country and together with Australia are the only two from the Southern Hemisphere to rank among the world's top ten greenest and most livable, according to a list published by Readers' Digest.
Uruguayan and Argentine delegates will be meeting next Saturday in New York to consider the pulp mills controversy, confirmed the Spanish Foreign Office which is acting as a facilitator to help find a way out to the dispute that has strained bilateral relations between the neighboring countries.
Uruguay's per capita consumption of beef jumped from 40 to 54 kilos in five years making the domestic market the second destination of the country's most important single export according to a release from the local Meat Institute, INAC.
Uruguay is on route to add another substantial option to its commodities' led economy: pulp and paper. A pulp mill is ready to begin production, another two are on the drawing board and a fourth has been announced by Portuguese interests.
The world's most popular and traditional corned beef brand takes the name of the Uruguayan city of Fray Bentos, and local authorities and residents are strongly lobbying to have its local Industrial Museum included in the Unesco World Heritage list.
Spain's prime minister praised Uruguayan President Tabare Vazquez on Wednesday for his efforts in bringing the South American nation out of social and economic poverty.
The governments of Spain and Uruguay yesterday expressed their optimism over reaching a deal in the short term between Montevideo and Buenos Aires over the controversial pulp mill on the banks of the Uruguay River.
Uruguay's wine industry, particularly Tannat, received ample praise from New York City's gourmets and media during the recent Fourth Annual Great Tannat Tasting.