Tag: José Mujica

Wednesday, March 16th 2011 - 03:59 UTC
Uruguay recognizes Palestinian sovereign state and will open embassy in Ramallah

Uruguay announced on Tuesday it had recognized a Palestinian state, becoming the latest in a string of Latin American countries to make an endorsement in recent months the United States has called premature.
Thursday, March 3rd 2011 - 05:55 UTC
Argentine has ‘liberated’ 75% of retained import licences says Uruguayan minister

Uruguay’s cabinet meeting spokesperson confirmed Wednesday that Argentina had “liberated” 75% of the import licences that remained delayed and which was one of the main points of the agenda in the recent summit between Uruguayan president Jose Mujica and Argentina’s Cristina Fernandez de Kirchner.
Thursday, March 3rd 2011 - 05:46 UTC
IMF chief praises Uruguay, cautions good times are not for ever

IMF Managing Director Dominique Strauss-Khan praised the management and achievements of the Uruguayan economy and said it was a pleasure to visit a country that does not have major problems resulting from the 2008 global financial crisis, which is a “recurrent issue” of his busy agenda.
Wednesday, March 2nd 2011 - 07:14 UTC
Argentine president promises to keep pushing ‘permanently’ for Malvinas

Argentina’s claim of the Malvinas Islands only had a brief specific mention in President Cristina Fernandez de Kirchner Tuesday address to Congress where she outlined the achievements of her administration and plans for the remaining nine months of her four year mandate.
Saturday, February 26th 2011 - 02:54 UTC
Uruguay and Argentina agree to build floating re-gasification plant

Uruguay and Argentina signed on Friday an agreement to build a re-gasification plant for liquid natural gas to help meet their energy needs. The floating re-gasification plant will supply the two nations with 10 million cubic meters a day of natural gas, scalable to 15 million, starting in 2013 according to an official statement.
Thursday, February 24th 2011 - 03:27 UTC
Argentina insists trade restrictions “in no way represent an obstacle for Mercosur partners”

Argentine Industry Ministry officials assured Wednesday that non-automatic licenses currently being applied to imports “in no way represent an obstacle for our Mercosur partners” and they have been implemented to monitor imports from outside the region.
Tuesday, February 22nd 2011 - 04:18 UTC
Uruguay/Argentina working on ‘fast track’ to address trade differences

Uruguay and Argentina are discussing a ‘fast track’ mechanism that will allow Uruguayan exports to have quick access to the neighbour’s market thus avoiding the controversial trade restrictions recently announced by the administration of President Cristina Fernandez de Kirchner and which have surprised Mercosur partners.
Thursday, February 17th 2011 - 22:30 UTC
IMF head scheduled to visit Uruguay and Brazil next March; skips Argentina

IMF Managing Director is scheduled to visit Uruguay next month where he will meet President Jose Mujica and his economic team before flying to Brazil. Dominique Strauss-Khan will arrive in Uruguay from Panama and is not scheduled to visit Argentina, according to Uruguayan government sources.
Thursday, February 10th 2011 - 22:42 UTC
“Currencies war”, new challenge for EU/Mercosur trade agreement

The European Union Trade Commissioner Karen De Gucht anticipates a full trade agreement with Mercosur will be reached in a “short time” given the negotiations “unusual” speed but also cautioned about new challenges such as currencies over or under appreciation.
Wednesday, February 9th 2011 - 19:59 UTC
Uruguay solid candidate for “investment grade” rating says JP Morgan

Uruguay is considered a solid candidate to obtain “investment grade” given its strong economic fundamentals and these same factors make the country’s bonds issued in indexed units, UI, an attractive investment, according to a report from the investment bank JP Morgan published in the Montevideo press.