The Cabinet Minister forced to resign, causing a major political row in Britain, Peter Mandelson, played a major part in welcoming former Argentine President Carlos Menem on his visit to the United Kingdom in October 1998 and in the negotiations to boost Anglo-Argentine trade and investment links, on which the two countries signed an agreement.
The first ever twenty tons of European certified organic beef left from Montevideo for Briatin last Friday. Further shipments to Holland, Italy and United States will follow during February.
Brazil's most important bank which has been operating in Uruguay since 1945 announced it will be leaving the country because of the low profitability of its Montevideo agency.
In spite of different scenarios and higher oil prices and interest rates, Mercosur overall consolidated inflation control during 2000, ensuring the long term decreasing tendency of retail prices.