The Uruguayan government announced it has renewed until 2016 Botnia/UPM pulp mill license so it can continue with production since it complies with the necessary environmental requisites and is committed to the additional standards demanded, said Housing and Environment minister Francisco Beltrame.
The Inter-American Development Bank (IDB) approved a private sector loan for up to 132.6 million to partially finance the construction of the Carapé I and II wind farms in Uruguay.
Uruguay President José “Pepe” Mujica questioned Argentina’s recent decision to stop freight transfers at ports belonging to Mercosur countries Buenos Aires has no maritime agreements with. Mujica blasted an “insular” position that “shatters” regional integration.
Uruguayan former president Jorge Batlle (2000/2005) said on Facebook that Argentina will again be a normal country when President Cristina Fernandez disappears from the political stage. And when this happens the Argentines are going to be happier and as a consequence so will we.
To the loss of transshipments from Argentina, estimated in 100 million dollars a year by Montevideo port authorities, must be added the 60 million dollars following the ban on Falklands' flagged vessels from operating in Uruguay, claimed Mario Baubeta, president of Uruguay's Navigation Centre.
Mercosur will be holding a special meeting of foreign ministers next 15 November in Caracas to consolidate Mercosur presentation before the European Union, according to a release from the Argentine Foreign ministry.
Oil exploration in Uruguay picked up strongly with the arrival of Anglo-Dutch Shell which took over Brazil's Petrobras participation in two offshore blocs according to the country's oil company Ancap Exploration and Production manager Hector de Santa Ana.
Argentina has made public its first retaliation against Uruguay over the Botnia/UPM pulp mill controversy and has banned Argentine exports from being trucked to Montevideo for shipment overseas. The resolution was published Tuesday in the Official Gazette and invokes maritime transport agreements in the framework of Mercosur.
The remains of ex-president Joao Goulart will be exhumed next month to determine whether he was poisoned during his exile in Argentina in the 1970s, Brazil announced on Monday.
The Paraguayan foreign affairs ministry will represent Mercosur next December when the exchange of proposals with the European Union for a long pending free trade agreement, announced Uruguayan president Jose Mujica on Friday following private talks with his visiting peer from Paraguay, Horacio Cartes.