
Uruguay offers tremendous guarantees for investors and is a decent country, said President Jose Mujica on his second day visit to Washington where he addressed 120 business people at the US Chamber of Commerce during a Tuesday morning work-breakfast.

President Jose Mujica addressing US Secretary of State John Kerry said that Uruguay has a significant deficit in technology and scientific education, and was hopeful that cooperation with the United States would help insisting that the goal is achieving equality and wealth distribution.

Minister of Economy Mario Bergara addressed on Tuesday the US Chamber of Commerce in Washington and said Uruguay was a good place to invest because despite being a small market, it was a good launching pad to develop in the region.

The administration of president Jose Mujica is willing to take eight to twelve of Guantanamo prisoners as refugees in Uruguay and this could happen once the US Senate approves a bill to that purpose, according to sources from the ministerial delegation currently in Washington.

In an enjoyable press conference at the White House Uruguay's President Jose Mujica spoke about the increasing importance for people in the US to be bilingual, the dangers of smoking and his interest in having access to U.S. knowledge and professors. President Barrack Obama praised the Uruguayan leader's 'extraordinary' credibility and leadership in democracy and human rights issues.

Uruguayan president Jose Mujica flies on Saturday evening to the United States and on Monday at 10:45 will be walking into the White House for a sixty minutes meeting with President Barack Obama. Mujica will be spending five days in Washington where he has scheduled a long list of meetings and conferences.

The US Federal Reserve is in no rush to decide the appropriate size of its balance sheet, but if it ultimately shrinks it to a pre-crisis size, the process could take the better part of a decade, Fed Chair Janet Yellen has said.

The Obama administration released on Tuesday an updated report on how a changing climate has touched every corner of the United States, from oyster growers in Washington State to maple syrup producers in Vermont, and said that urgent action is needed.

Less than a week before meeting with Barack Obama in Washington, Uruguayan president Jose Mujica described his peer as a 'progressive leader who has his feet and hands tied” and described the fact he made it to the White House, a complete surprise, 'almost unconceivable'.

Uruguay has granted final approval for importing US fresh and frozen poultry and poultry products, including US fresh chicken, the USDA has announced.