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Montevideo, October 4th 2023 - 16:27 UTC

Tag: Department of State

  • Tuesday, July 16th 2019 - 10:51 UTC

    US qualifies Uruguay as a safe country to invest but warns about union power

    US embassy in Uruguay argues that ”small and medium-sized industrial enterprises (SMEs) in the United States describe the Uruguayan market as difficult to enter in some sectors of the economy”

    A report issued by the United States Department of State on the investment climate in Uruguay on Monday analyzed the legal, political and economic aspects of the country. On the one hand, it stands the legal security, the free movement of capital, the preferential regimes and the investment grade. On the other, it warns about aspects such as labor relations, the power of unions, the advantage of public companies and the increase of problems in education and security.