Uruguay’s Foreign Minister Luis Almagro highlighted that Mercosur is the “main buyer” of Uruguayan exports and strongly defended the country's presence in the regional group, a controversial issue since much of the country's political system and most of the business community want a more dynamic, open trade block.
Mexico and Uruguay declared on Monday an end to a brief diplomatic spat over the Uruguayan president's description of Mexico as a kind of failed state. Mexico's government protested the remarks by Uruguayan President Jose Mujica over the weekend and said it would summon the country's ambassador for an explanation.
Mexico said on Sunday it was summoning Uruguay's ambassador after Uruguayan President Jose Mujica said that the disappearance of 43 students in southwest Mexico suggests the country is a 'failed state'.
Uruguay's ruling Broad Front coalition, despite pollster forecasts to the contrary, confirmed their dominance of local politics and are likely to enjoy a parliamentary majority, after the Sunday presidential election that left Tabare Vazquez as favorite to succeed José Mujica as head of state.
On Sunday 2.6 million Uruguayan registered voters will decide who will be their next president plus 30 Senators and 99 Lower House members. If no presidential candidate makes 50% of valid ballots plus one, the most probable result a run off takes place at the end of November between the two most voted candidates.
Uruguayan president Jose Mujica said that the people who like money too much must be kicked out of politics because they are a 'real danger' and can get confused with what is the prospect of a good government, and make citizens non believers in the system.
Uruguay is less than four days away from Sunday 26 October general election with opinion polls unable to forecast a clear winner, and a strong possibility that the left wing coalition could lose its legislative majority enjoyed in the last ten years and even the Executive.
The strong economy and the good image of the incumbent presidential candidate Tabare Vazquez are not sufficient for Uruguay's ruling coalition Broad Front to ensure a third consecutive mandate next Sunday 26 October, according to the country's main pollsters, who underlined that the election result at this stage is too close and 'unpredictable'.
Uruguay president Jose Mujica believes that the next parliament to emerge from the 26 October general election will have a difficult conformation, complicating the government's performance and that is the reason why he accepted to run for a Senate seat.
Finland's UPM, one of the largest forestry groups in the world, does not intend for the moment to build any new pulp mills in Uruguay, said Jaakko Sarantola, vice president of the cellulose division of the company, who also pointed out that Uruguay needs to improve infrastructure to facilitate logistics.