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Uruguay offers 'tremendous guarantees' and is a 'decent country' Mujica tells US investors

Wednesday, May 14th 2014 - 05:24 UTC
Full article 27 comments

Uruguay offers “tremendous guarantees” for investors and is “a decent country”, said President Jose Mujica on his second day visit to Washington where he addressed 120 business people at the US Chamber of Commerce during a Tuesday morning work-breakfast. Read full article

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  • golfcronie

    Of course you are trustworthy, who would think otherwise.

    May 14th, 2014 - 08:25 am - Link - Report abuse 0
  • La Patria

    Uruguay offers 'tremendous guarantees' and is a 'decent country' Mujica tells US investors

    Will he say the same to the Uruguay-bound Guantanamo prisoners?

    May 14th, 2014 - 09:23 am - Link - Report abuse 0
  • Conqueror

    “Uruguay offers 'tremendous guarantees' and is a 'decent country' Mujica tells US investors.”

    Quite right. Both depend on the same “fact”. Marijuana is only a $1. “Guaranteed” to be stoned every day. “Decent” by what standard? Urineguay doesn't look at the evidence or investigate argieland's false claims to the Falkland Islands. It just blindly supports corruption and lies. And that's “decent”? And, apparently, it seems to have something called a “Stevie”. Nothing “decent” there!

    May 14th, 2014 - 12:26 pm - Link - Report abuse 0
  • Mr Ed

    The country's only selling point is that it is not Argentina, but neither is Somalia. Anyway, if the Uruguayan government can talk of the UK as a military threat to it, then no one is safe in Uruguay with such delusional fanatics in power.

    May 14th, 2014 - 12:45 pm - Link - Report abuse 0
  • ynsere

    If we were really a decent country, we wouldn't be helping Argentina bully the Falklands. We wouldn't have ganged up with Argentina and Brazil against Paraguay. We'd be critical of events in Venezuela. We'd be in contact with the opposition in Cuba. I'm ashamed.

    May 14th, 2014 - 01:06 pm - Link - Report abuse 0
  • Stevie

    Come on ynsere, at least you are a heck lot more decent than you used to be, should we draw parallels between man and country...

    ;)

    May 14th, 2014 - 01:19 pm - Link - Report abuse 0
  • ricagp

    He is clearly trying to distance himself from Argentina.

    May 14th, 2014 - 02:11 pm - Link - Report abuse 0
  • wesley mouch

    A Socialist country with high import tariffs , massive buraecracy and hatred of profits and success. Mujica himself is a former left wing terrorist. Stay away, if you value your money.

    May 14th, 2014 - 02:26 pm - Link - Report abuse 0
  • Ѕtevіе

    You lot don't get it, he is a reformed socialist now following the route of capitalism.

    ;)

    May 14th, 2014 - 02:41 pm - Link - Report abuse 0
  • ilsen

    “Obviously “we're not chaste, we have a-whisky-too-much every now and then, and the Weed is simply fuckin' awesome, dude! We're not angels, just human beings who would chase after the blonde chicks if we could get off fat, lazy arses” said Mujica to the approval of the audience.”

    Right on, Pepe!

    I'm beginning to warm to this guy...
    ;-)

    May 14th, 2014 - 03:47 pm - Link - Report abuse 0
  • ChrisR

    “The Uruguayan president captivated the audience at the US Chamber of Commerce”

    I bet he did, they have never seen anyone like him before.

    He talks the talk but cannot walk the walk. The unions have got him and every other socialist and commie by the bollocks and THEY have rule the roost in Uruguay as I have experienced firsthand. As for the selected Union Rep he knows he has to lie as much as “No Money Pepe” to fool the stupid Americanos (as the Union see them).

    As for not being corrupt or holding their hands out, what about the Pizza Parlour manager who is now the Directora of Toxicology for Maldonado and one of Pepe’s best mates. She knows as much about Toxicology as Pepe knows about standing up to TMBOA, fuck all. But she does have an expert team to advise her, so now my taxes are helping to pay for a team AND her to do something a properly qualified professional could do, FFS.

    What about the Minister of Public works who ran the Pluna auction, or fiasco as it should properly be called, where has all the money gone, and the Finance Minister who had to resign (and good riddance)?

    What he does not say of course is that all these investments are taxed and “licensed” (tax) up to the neck like every other poor sod who runs a straight business.

    “Mujica also mentioned the lack of sufficient 'qualified people' because they leave and Uruguay needs tradesmen, qualified professionals”

    Of course they do, but who in their right mind stays when, as an employee you have to pay 40% of your pay to the government so they can chuck it to the lazy bastards who never worked at school and follow the example of their parents and never work at all. And now they are getting paid for it.

    “No Money Pepe” is a fine example to the school chidren: don’t finish school, become a commie terrorist, rob banks and gun shops, murder people and you can become the President of Uruguay. Great.

    May 14th, 2014 - 04:07 pm - Link - Report abuse 0
  • LatAmBurgher

    An Uruguayan friend of mine interpreted for him at at least one of his meetings with U.S. officials. I find it ironic and insulting that this internationalist ex-guerrilla tells us Americans that we should be pushing to learn Spanish, while he can't hold a candid conversation in English...

    May 14th, 2014 - 06:00 pm - Link - Report abuse 0
  • golfcronie

    Right on PEPE, he guarentees you will not get your money back.

    May 14th, 2014 - 06:57 pm - Link - Report abuse 0
  • JoseAngeldeMonterrey

    Geography matters. Investors won´t come to Uruguay that easily because its geographical challenge is such that they are a very little domestic consumer market incapable of reaching enough critical mass and the only two nations they can trade with directly are pig-headed protectionists. Nowhere to run.

    May 15th, 2014 - 01:08 pm - Link - Report abuse 0
  • ynsere

    José @ 14

    Recent investment history proves you wrong.
    One of the main investments in the last few years came to Uruguay to avoid the corruption and bribes in Argentina.

    May 15th, 2014 - 04:13 pm - Link - Report abuse 0
  • ricagp

    15 Ynsere

    You're right.
    That's why Marcopolo was seriously considering moving to Uruguay and closing their argentinian plant

    May 16th, 2014 - 05:04 am - Link - Report abuse 0
  • ynsere

    ricagp @ 16

    I had no idea about Marcopolo possibly moving to Uruguay. In fact I didn't even know they had a plant in Argentina, although I've seen one near Caxias do Sul, in Brazil.
    Many years ago bus bodies were built in Uruguay on imported Leyland chassis. They started before the 2nd World War, I believe.

    May 16th, 2014 - 02:50 pm - Link - Report abuse 0
  • ricagp

    17 Ynsere

    Marcopolo is from my hometown (Caxias) and my brother works there, that's why I know. They have a plant in Argentina, in a small town near Buenos Aires (don't remember the name now) but it's almost impossible to keep working regularly there. Corruption is just one problem out of many. That's why Uruguay is a good destiny for them.

    May 16th, 2014 - 04:57 pm - Link - Report abuse 0
  • ynsere

    ricagp @ 18

    I do hope Marcopolo decide to set up in Uruguay. It's a well-known brand with good quality products.
    There are two coach lines between Montevideo and Punta del Este. One (COT) has a fleet of Marcopolos that are showing little wear and tear. The other line (COPSA) purchased Chinese buses (Yutong, I think) which are starting to fall to pieces. Scraping gearboxes, cold air leaks over the seats (which are too narrow for your average beefeating Uruguayan) and even the toilet door latches all broken.

    At one time companies in Caxias do Sul paid the best average salary in Brazil. Does that still hold true?

    May 16th, 2014 - 08:58 pm - Link - Report abuse 0
  • ilsen

    This thread is proving most infornmative. I love hearing this 'on the ground' stuff.

    Thanks guys!

    If anyone wants to know similar about Venezuela I will happily bore you all to death!
    Bloody coach lines there advertise all 'mod-cons' but they are never working. “ yes Sir we have air-con, but not today, sorry” Nor any other fuckin' day in my experience. Flying from Merida to Caracas in a little 12 seater, (with that little curtain open), listening to the co-pilot calling his two different girlfriends on his mobile, (1 in Merida/1 in Caracas), not only whilst taxi-ing but also during take-off!!!
    For Fucks Sake! (FFS- there's another acronym for you!)
    Peace!

    May 16th, 2014 - 11:22 pm - Link - Report abuse 0
  • ynsere

    Ilsen @ 20

    Here's a question about Venezuela: Is it true that the son of former Uruguayan president Tabaré Vázques “facilitated” imports of Uruguayan-made prefab housing and now there's a stink over non-delivery?

    May 17th, 2014 - 12:26 am - Link - Report abuse 0
  • ilsen

    @21

    Are you talking about the 'petro-casas' scandals? That the Gov promised to build 300 thousand, but they only supplied 30k?

    But 'paid' for twice that? And this all got lost in the 'system' somehow? Because the money got 'diverted' into other 'projects'?

    That the boli-garchs got rich exploiting the people the promised to represent!
    That they have apartments in Miami and Chavez daughters still live in Miraflores, refuse to pay their bils and still go shopping in NYC and Paris!!!
    Don't get me started! My blood-pressure is way to high already!!

    May 17th, 2014 - 03:59 am - Link - Report abuse 0
  • Stevie

    ilsen
    Is it true that the protests consists of a few hundred hard core protesters and that they achieved just about nothing?

    May 17th, 2014 - 09:24 am - Link - Report abuse 0
  • ilsen

    It is true that Venezuela is becoming a highly repressive state and is imprisoning hundreds of it's citizens for political reasons.

    It is true that there are frequent water shortages and power outages.

    it is true that Venezuela has the highest inflation in the world.

    It is true that the death by violence rate is around 75 per 100, 000. One of the highest in the world.

    It is true that if even an expat in Europe like Stevie is aware of the problems there then the students have fulfilled some of ther aims.

    May 17th, 2014 - 12:53 pm - Link - Report abuse 0
  • ricagp

    19 ynsere

    It's a great company indeed. Serious, well organized, with well trained and competent people.

    I don't know if Caxias has the best average salary in Brasil, but it's probably one of them, since it's located in one of the most developed areas in Brasil, Serra Gaúcha (highlands from the state of Rio Grande do Sul). It's a great place to live and work.

    I hope they move to Uruguay too. They're wasting their time and money in Argentina, for many reasons. In Uruguay they will have a far more stable situation, far less corruption and a more trained and competent workforce. Besides, they will have access to virtually the same markets they have in Argentina.

    May 17th, 2014 - 05:58 pm - Link - Report abuse 0
  • ynsere

    Ricagp @ 25

    Mind you, Argentina would definitely create obstacles for Marcopolo buses from Uruguay, as they have for all Uruguayan exports. At least until the K-mob is voted out of power and sent to court. I wonder if Carrió will keep her promise to seek an oficial public apology to Uruguay?

    We used to visit the Serra Gaúcha when my kids were still children. Spent two or three winter holidays in Nova Petrópolis, even saw it snowing there. Beautiful mountain views, nothing similar in Uruguay. There's some reasonably good wine from the area - Navarro Correas?

    May 17th, 2014 - 07:09 pm - Link - Report abuse 0
  • ricagp

    26 Ynsere

    It's possible they would create obstacles. That's why your new port at Rocha is so important, it will free Uruguay from Argentina's hands forever.

    I don't think Carrió will keep any promise. Believe me, argentine opposition is not that better than the Ks. And Cristina will never go to court. Never.

    Nova Petropolis is a very nice place and yes, they produce good wine there. Serra Gaúcha is one of the very few places in Brasil with a good climate and soil to produce a good wine (nothing in the same rank of the chilean wine, of course). Miolo is one of the most famous wines from the area.

    May 19th, 2014 - 10:19 pm - Link - Report abuse 0

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