Contaminators “beware, the time of reckoning is coming” warns Enrique Martinez Argentina’s president of the National Institute of Industrial Technology, INTI who in a brief opinion column praises the recent agreement reached between Uruguay and Argentina to monitor the River Uruguay and ensure the non contamination of the shared water course.
Uruguay’s consumer inflation increased 1.09% in July accumulating 4.21% so far this year and 6.29% in the last twelve months, which is in the target range of the Central bank.
Next Thursday will see the launching of works for Uruguay’s Science Park, an undertaking targeted to attract high tech medical and pharmaceutical industries linked to the production of drugs both for exporting and the domestic market, plus the promotion of scientific research and highly qualified jobs.
Uruguayan exports increased 22.78% during the first seven months of 2010 compared to the same period a year ago, according to Uruguay’s Union of Exporters. Sales totalled 3.9 billion US dollars while in the seven months of 2009, they reached 3.2 billion USD.
A Uruguayan cruise industry expert has brought up an interesting debate about the whole business for South America if Chilean port and auxiliary services costs remain so high that they end convincing some of the cruise companies to drop the traditional Pacific and Chilean leg of the tours.
The Russian Federation became at the end of the first half of the year, Uruguay’s main client for beef compensating weaker demand from the European Union and other important markets, according to the latest data from the country’s National Meat Institute, INAC.
Kuwait and Uruguay signed several agreements to bolster bilateral relations during the visit to Montevideo of a high level delegation from the Middle East country. Kuwaiti authorities announced that the kingdom would soon be opening an embassy in Montevideo.
Brazilian President Lula da Silva and Uruguay’s Jose Mujica on Friday defended South America’s integration as a peace zone and reiterated the two countries commitment to Mercosur and Unasur.
The financial dealings of New Zealand Trade Minister Tim Groser are under scrutiny amid revelations he owns thousands of shares in a Uruguayan-based dairy company that he actively promotes as part of his job, according to the NZ press.
The Uruguayan government and opposition expressed deep satisfaction with the agreement reached with Argentina for the monitoring of the River Uruguay which did not include ‘detrimental sovereignty issues’ and sealed the end to a long standing conflict.