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.
Uruguayan president Jose Mujica called on the ruling coalition to restrain public comments on wealth distribution or re-distribution underlining that the “golden eggs’ hen” is private investment so please “don’t kill the hen”.
The European Union Trade Commissioner Karel De Gucht will travel next week to Paraguay and Uruguay to reinforce bilateral relations and to advance on the ongoing EU/Mercosur negotiations to reach an overall trade and cooperation agreement.
Uruguayan President Jose Mujica is visiting Venezuela and today held talks with President Hugo Chavez at the Miraflores presidential Palace.
The President of Uruguay Jose Mujica, on Wednesday concluded a two-day visit to Peru aimed at deepening trade and political relations. His next official port of call is Venezuela.
Uruguayan President Jose Mujica has banned his ministers, officials and general staff from using social networking sites such as Facebook, MSN, Twitter and Skype during work hours. The president said that workers spend too much time using internet and are distracted.
Brazilian and Uruguayan Foreign Ministers Antonio Patriota and Luis Almagro have agreed to hold bilateral meetings every three months they announced during a press conference in Uruguay. The ministers met to discuss the forthcoming meeting between Uruguayan President Jose Mujica and his Brazilian counterpart Dilma Rousseff, scheduled for the first week of February.
President Jose Mujica described as a “formidable gesture” the Argentine government’s decision to facilitate the export of grains and fodder to Uruguay which in under an “agriculture emergency” because of a severe drought that threatens much of the cattle to the north of the country.
President Jose Mujica is an “emblematic” figure at regional level and is one of the great assets of Uruguay’s foreign policy, said Foreign Affairs minister Luis Almagro on making a review of the first ten months of the administration.
Uruguayan president Jose Mujica called on the Mercosur summit for a quick incorporation of Venezuela as full member of the group and said it was time the rest of Latin America moved closer to the integration process.