Investors will opt for Uruguay and its legal system, says Spanish ambassador

Monday, May 21st 2012 - 03:34 UTC

Full article 8 comments

The seizure of YPF by Argentina can be expected to have a positive repercussion for Uruguay since the country has an enviable legal system and keeps to the rules of the game, said the new Spanish ambassador in Montevideo, Roberto Varela. Read full article

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Stendec
”... because there is a country (Argentina) that does not respect the rules.”

The Spanish are such hypocrites - they choose not to respect the rules when it suits them (eg the Treaty of Utrecht) and then bleat when one of their offspring act in the same way.
May 21st, 2012 - 06:07 am - Link - Report abuse 0
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Xect
Isn't that how politics works Standec?

I mean Argentina bleats on about UN resolutions from prior to the Falkland's war which it then violated by illegally invading.

And even today they still go on about these non-binding resolutions that they violated.

They are all as bad as each other.
May 21st, 2012 - 06:45 am - Link - Report abuse 0
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MurkyThink
@ 2... The Islands is not the subject of this article.
May 21st, 2012 - 09:33 am - Link - Report abuse 0
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Guzz
In the times of Franco, thousands and thousands of Spaniards came to Uruguay. We recievede them with open arms only to be rejected in Spain during our crisis in 2002. Stop the hypocrecy, Europe, it's all fine you all kiss Uruguays arse today, but we still remember yesterday and surely know what will happen tomorrow as soon as the tide changes...
May 21st, 2012 - 10:34 am - Link - Report abuse 0
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Conqueror
There is interference on this page. It started after comment @2.

Anyway, it's always good to see argies starting to get their come-uppance. Even better, it is to be hoped that Uruguay will start to understand that it needs to distance itself from a certain neighbour and make proper associations with reliable countries that share the same principles of honesty, legality and fair, open dealing.
May 21st, 2012 - 02:49 pm - Link - Report abuse 0
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Brit Bob
@5

Interesting to note that Argentina came under a barrage of criticism at the WTO where the US, EU, Japan and many other countries accused it of tying imports up in red tape when CFK & Co imposed a new system to pre-approve, or reject every purchase from abroad.
May 21st, 2012 - 03:26 pm - Link - Report abuse 0
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Guzz
Criticism from USA, EU and Japan is the best indication that Argentina is on the right track :)
May 21st, 2012 - 03:49 pm - Link - Report abuse 0
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UruguayBR
Interesting article although I wonder what these Spanish construction company's will be building with all the drop off in construction at Punta del Este following the slump in Argentina. Hopefully infrastructure because Uruguay is still severly lacking it.

http://uruguaybr.wordpress.com/
May 21st, 2012 - 08:28 pm - Link - Report abuse 0
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