The Inter-American Development Bank approved a 6.85 million USD grant to expand access to better sanitation and water services in Uruguayan rural communities and schools.
Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.
Royal Caribbean announced that during the coming tourist season several of its ships will make 27 stops between Montevideo and Punta del Este in Uruguay. The announcement was made by Michael Ronan, Royal Caribbean's Vice President of Government Relations, Caribbean, Latin America & Asia, in a meeting with different Uruguayan authorities held in Montevideo.
Uruguay’s Defence minister and former guerrilla leader Luis Rosadilla, and retired military officers made a huge “shared” reconciliation gesture when they agreed to forget pending bills, look to the future and establish a constructive dialogue.
President Richard Nixon’s administration suggested that Uruguayan leaders try to prevent the impending murder of a kidnapped US official by threatening to kill members of the insurgent group responsible for the abduction, according to newly declassified cables reproduced by Bloomberg News.
Alleged labour disputes involving hundreds of thousands of US dollars have left seven Spanish fishing vessels legally stranded in Montevideo, threatening the reputation of Uruguay’s main port to continue as a South Atlantic fisheries hub.
The Uruguayan government announced intention of making banking secret accounts “more flexible” and expanding income tax to overseas holdings and assets have delayed investment decisions and accelerated the sale of real estate in Uruguay by foreigners, particularly Argentines, warned the Uruguayan Chamber of Tourism.
Argentine Foreign Affairs minister Hector Timerman said he held a “very important meeting” with Gualeguaychú Assembly members after the group of activists requested to be given an explanation of the upcoming joint monitoring of the River Uruguay recently agreed by Argentina and neighbouring Uruguay.
Foster Wheeler AG (Nasdaq: FWLT) announced Wednesday that its Global Engineering and Construction Group has been awarded an owner’s engineer contract for a new LNG receiving terminal (the “GNL Del Plata” facility) to be built in Uruguay’s capital Montevideo.
An estimated Uruguayan flagged fifty fishing vessels have been docked in Montevideo for over a month because of a labour conflict over a new work contract with the owners of the vessels and processing plants.