Investments

Monday, September 12th 2022 - 19:09 UTC
Uruguay's Carrasco Airport gains momentum as more services are offered

LATAM Airlines has announced an increase in its number of flights between Montevideo and Santiago de Chile starting in September and growing steadily through December as the Uruguayan capital's Carrasco International Airport picks momentum worldwide.
Friday, September 2nd 2022 - 10:05 UTC
Santos port concession will be extended from 35 to 50 years

Following on requests from the potential bidders for Brazil's largest and most active port of Santos, the concession period of the Santos Port Authority (SPA), initially planned to be 35 years, should now increase to 50 years.
Wednesday, August 31st 2022 - 10:44 UTC
Expo Prado, Uruguay's largest agricultural fair, now without sanitary restrictions: here's everything you need to know

For the first time in almost three years, the International Livestock Exposition will return in a new edition that will be held as it was before the pandemic, without sanitary restrictions, and in the same place: the Rural del Prado in Montevideo.
Tuesday, August 30th 2022 - 10:23 UTC
India prepared to eliminate UK components from Tejas jet fighter, of interest for Argentina

On Monday's piece on the visit of Indian External Affairs minister Dr. S. Jaishankar to Buenos Aires we reported the interest of Argentina to strengthen bilateral defense links and cooperation, and at the same time its interest in the fully made Tejas jet fighter to equip the Argentine Air Force.
Monday, August 29th 2022 - 19:32 UTC
YPF announces mega port on Rio Negro's Atlantic shores

Argentina's state-run oil company YPF announced a mega port will be built in Río Negro to export oil from the Atlantic shore.
Monday, August 29th 2022 - 10:38 UTC
Lithium exports gain pace in Argentina

According to the latest report from Argentina's National Mining Secretariat, lithium is not far from taking over as the leading mining industry item, whereas gold and silver continue to lead.
Monday, August 29th 2022 - 10:24 UTC
India reports Argentina's interest in Indian fighter aircraft, bilateral trade in local currencies and BRICS

Argentina has shown interest in buying India’s fully indigenous Tejas fighter jets, and on Saturday agreed to strengthen defense and trade ties with India. On that very day India’s External Affairs Minister Dr. S. Jaishankar and host minister Santiago Cafiero issued a joint press statement, according to a release from the New Delhi delegation visiting South America.
Wednesday, August 24th 2022 - 09:48 UTC
FAO project helps Uruguayan family-farms increase production and soil recovery

With financial support from the Global Environment Facility (GEF), FAO’s Livestock and Climate project approached producer organizations in Uruguay to assess the situation of individual farms and help implement climate smart strategies that not only enhance meat production but also encourage the re-growth of vegetation and the return of biodiversity.
Monday, August 22nd 2022 - 09:33 UTC
Santos outperforms other Brazilian ports, despite a drop in overall throughput

As a lingering consequence of the covid-19 pandemic and a slowdown of the Chinese economy, cargo throughput in Brazilian ports fell by 3.3% in the first half of the year compared to the same period of 2021. On the other hand, the Port of Santos recorded an increase of 5.6% over the same period. The data are included in a report published by Brazil’s National Waterway Transportation Agency (Antaq).
Tuesday, August 16th 2022 - 20:40 UTC
Removal of sunken ships from Montevideo port to last until mid-2023

Private contractors believe they will complete the removal of sunken ships from the port of Montevideo in the first half of 2023 after having taken away so far two entire units and several parts of three others to facilitate navigation in the area, it was reported.