Uruguay is committed to lessen its dependence on the Chinese market for its sales of meat and beef in particular. In recent years China, as with most other Latin American countries has become its main trade partner, absorbing non processed agricultural commodities and minerals while flooding local economies with Chinese industrial goods.
Four Latin American countries were quick Thursday to voice their disagreement with Venezuela's Supreme Court (TSJ) ratifying incumbent President Nicolás Maduro's alleged win at the July 28 elections despite fraud denunciations by the opposition backed by the Organization of American States (OAS) and a large part of the international community.
Uruguayan opposition presidential candidate Yamandú Orsi this weekend supported a peaceful and negotiated solution to the Venezuelan crisis and insisted that suffering should be the least possible. The Broad Front nominee made those remarks when commenting on Brazilian President Luiz Inácio Lula da Silva's suggestion that a coalition government of the ruling PSUV and the challenging PUD could be arranged pending fresh elections.
The Monetary Policy Committee (Copom) of Uruguay's Central Bank (BCU) decided Friday to maintain the Monetary Policy Rate (MPR) at 8.5% for the third month in a row to help keep inflation downwards and en route to the 4.5% Monetary Policy Horizon, it was announced in Montevideo after the first Copom meeting chaired by BCU's new president, Washington Ribeiro.
Uruguay's Public Health Ministry is permanently monitoring the possibility of a monkeypox outbreak in the South American country but so far no cases have been detected, Minister Karina Rando explained Thursday during a press conference in Montevideo.
Deputy Foreign Minister Nicolás Albertoni met Monday with his Chinese colleague Hua Chunying in Montevideo as the Southern Common Market (Mercosur) under Uruguay's rotating presidency kept pushing for a Free Trade Agreement with the Asian giant. Also present were dignitaries from the other members of the regional bloc as well as Beijing's Ambassador Huang Yazhong.
The FNC brewery in Minas in the department (province) of Lavalleja reopened Monday with some 30 workers to do some cleaning and maintenance before the others return next week, thus closing a long-standing conflict that threatened the survival of one of the plants belonging to Uruguay's most iconic beer producers.
June, July, August are months of the austral winter and Argentina, southern Brazil, Paraguay, Uruguay hold their main livestock shows, (Palermo, Esteio, Roque Alonso and Prado) including a display of the latest technology advances in cattle feeding and breeding.
Vice Presidents Beatriz Argimón of Uruguay and Victoria Villarruel of Argentina met in Buenos Aires during an international workshop where the Venezuelan crisis after the controversial July 28 elections was discussed, among other topics. Both Senate Speakers agreed on a proposed summit to discuss the case.
Uruguay will be reducing 20% port tariffs for cruise vessels this coming season 2024/25, announced further infrastructure facilities in Maldonado and marinas for large yachts in the harbors of Carmelo and Colonia, just across from Buenos Aires.