The President of the Republic of Uruguay, HE Tabaré Vázquez , currently on an official visit to the UAE, has invited Dubai World to explore emerging business opportunities in the South American country.
Uruguay and United States resumed on Thursday trade and investment talks in Washington with the purpose of increasing bilateral exchanges. Uruguay is targeting an increase in its current 20.000 tons of beef quota, free of tariffs, and the opening of the US market for lamb and mutton.
Uruguay with no oil or gas reserves has the highest fuel prices in Latinamerica, 1.35 US dollars for a liter of premium gasoline, not distant from those countries with the top values such as Holland where premium at the pump costs 1.91 US dollars a liter.
Uruguay and Argentina with the facilitating efforts of the Spanish Crown seem to have found this week in Madrid a possible way out for the deadlock over the pulp mills controversy which has soured bilateral relations between the neighboring countries.
Spain's Foreign Affairs Minister Miguel Angel Moratinos cautioned Wednesday that no big news can be expected from the first direct dialogue round between Argentina and Uruguay in Madrid regarding the controversy over the construction of a pulp mill in shared waters.
Uruguay asserted on Tuesday its dialogue spirit for the coming two days meeting in Spain where the controversial issue of the construction of pulp mills, and alleged pollution, in shared waterways will be discussed with Argentine representatives.
Uruguay has plans to improve Montevideo port facilities with the purpose of attracting the Spanish fishing fleet operating in the South Atlantic.
Uruguayan president Tabare Vazquez together with several ministers and a delegation of businessmen arrived Monday in Santiago for a two days visit to Chile with the purpose of exploring new market opportunities and export possibilities for Uruguay.
An estimated one thousand workers resumed Monday their jobs at the controversial Botnia-Orion pulp mill under construction in Fray Bentos, Uruguay, following the accidental death of a worker last week at the plant.
The controversial Botnia-Orion pulp mill under construction in Uruguay and which has caused an escalating conflict with neighboring Argentina will cease all activities for 48 hours following the death of a welder assistant crushed Tuesday in a labor accident.