Uruguay

Uruguay
Saturday, February 20th 2016 - 06:03 UTC

Argentina and Uruguay agree that integration and Mercosur are the priorities

“We covered all the issues we have in common in our bilateral and regional agendas and approved a work method that included meetings twice a year”, said Malcorra

Argentina and Uruguay foreign ministers agreed to hold twice a year meetings to address all issues in the bilateral agenda but with emphasis on integration and Mercosur which are 'our main concerns'. Susana Malcorra met with her peer Rodolfo Nin Novoa in Montevideo on Friday and after a several hours meeting made brief statements with no questions taken from journalists.

Thursday, February 18th 2016 - 06:07 UTC

Norway's Statoil joins Tullow Oil and expands share in Uruguay's Pelotas basin

“With this transaction, we are increasing our exposure to the upside potential of this untested geological setting”, said Statoil’s Nicholas Alan Maden

Norway’s Statoil said that it has signed an agreement with Tullow Oil to secure a 35% working interest in a Uruguay’s Pelotas basin exploration block 15, about 200 kilometers off the coast of Uruguay.

Friday, February 12th 2016 - 07:10 UTC

Uruguay’s Quiet Democratic Miracle

Uruguay ranks as the least corrupt and most democratic country in Latin America, and along with Chile, is rated as a “high income” country by the United Nations.

By Uki Goñi -


”Because here nobody is better than anybody else.” The phrase, one of this small South American country’s most cherished sayings, dates back to the 19th century and is often repeated by its thinkers, presidents and everyday citizens. As a simple expression of the democratic spirit, it sums up how Uruguayans feel about their homeland.

Wednesday, February 10th 2016 - 23:11 UTC

Montevideo-Stanley, an integrating and necessary air link

Representative Jaime Trobo from Uruguay's senior opposition party, Partido Nacional

By Jaime Trobo (*) - For some time now we have been arguing that Uruguay must strengthen its bonds and contacts with a neighboring territory, in the southern cone, part of our American continent, where families who arrived in our region during the first half of the XIX century live, and with whom those contacts, once very intense, have waned, particularly in the last decades.

Wednesday, February 3rd 2016 - 05:52 UTC

Norway's Statoil confirms interest in Uruguay's offshore potential, acquires 15% of exploration block

“With this transaction, we are positioning ourselves in yet another underexplored basin with upside potential” says Nicholas Alan Maden, from Statoil exploration

Norway's Statoil giant announced on Tuesday an agreement with French Total to acquire a 15% working interest in an offshore exploration block in Uruguay's continental shelf. The announcement comes only weeks before Total is preparing to drill its first exploratory well in Uruguayan waters.

Friday, January 29th 2016 - 04:11 UTC

Canadian company interested in Uruguay's main (broke) fish industry complex

Cooke Aquaculture apparently is only interested in fish catches, and is “not planning to reopen the processing plant or even use the local fishing fleet”.

A Canadian corporation, Cooke Aquaculture is apparently interested in taking over Uruguay's main fish industry company, FRIPUR, which is under administration and liquidation and ended all operations almost six months ago.

Friday, January 22nd 2016 - 09:46 UTC

As locals in Punta del Este, “we enjoy a dignified and happy life”

“We are happy, we can live in Punta del Este, we have a good time, we surf, work and bask in beaches”, argues Punta del Este elected mayor Andrés Jafif

London's The Guardian in an article credited to Oliver Balch argues that Punta del Este, Uruguay's main international summer resort has become a 'golden ghetto' for the rich where the poor can't afford staples or lodging. However Mayor Andrés Jafif openly disagrees with the reporting and argues that ”we might be poor (by European standards) but we are happy, we can live in Punta del Este, we have a good time, we surf, work and bask in beaches”.

Monday, January 11th 2016 - 13:50 UTC

Argentina and Uruguay praise new spirit in relations and “return to normality”.

“It was a very cordial meeting that had concrete results,” Malcorra said in an interview with Mitre radio station.

Foreign Minister Susana Malcorra said that the meeting between President Mauricio Macri and his Uruguayan counterpart Tabare Vazquez last Thursday symbolized a “return to normality” for bilateral relations between the two neighbours.

Friday, January 8th 2016 - 11:06 UTC

Argentina and Uruguay will bid to jointly host 2030 World Cup

Vazquez and Macri making the announcement in Colonia

Uruguayan President Tabare Vazquez and Argentine counterpart Mauricio Macri agreed on Thursday that their countries will present a joint bid to host the World Cup in 2030, a century after Uruguay was the site of the first tournament.

Friday, January 8th 2016 - 08:06 UTC

Macri and Vazquez marked the beginning of a new chapter in bilateral relations

Vazquez thanked Macri for making Uruguay his first overseas country visit since taking office last 10 December.

Uruguay and Argentina presidents Tabare Vazquez and Mauricio Macri made on Thursday several announcements referred to bilateral issues indicating relations between the two neighboring countries have effectively improved following years of tension and misunderstandings with the governments of Nestor Kirchner and Cristina Fernandez.

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