Uruguay

• Saturday, May 3rd 2014 - 06:18 UTC

  Uruguay interested in joining negotiations to liberalize trade in services

  

  Uruguay has expressed an interest in actively participating in negotiations to liberalize trade in services in the framework of TISA, Trade in Services Agreement which recently held its seventh round of talks in Geneva.

• Friday, May 2nd 2014 - 10:00 UTC

  Uruguay confirmed a third pulp mill with construction beginning in 2017

  

  Uruguay has confirmed a third pulp mill to be built to the north east of the country in Cerro Largo, while the second one, Montes del Plata on the River Plate and recently finished is to be formally inaugurated sometime between May 15 and 25, although production will be delayed for a few months since the second wharf is unfinished and the effluents plant non commissioned.

• Friday, May 2nd 2014 - 09:54 UTC

  Uruguay approves import of US fresh and frozen poultry

  

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

• Friday, May 2nd 2014 - 09:46 UTC

  Major dairy farming invester in Uruguay sells land to recoup losses

  

  NZ Farming Systems Uruguay, the dairy unit of Singapore-based Olam International in Uruguay, has sold some 7,771 hectares of farm land in Uruguay to local interests for about 53.7 million dollars in gross cash proceeds. The transactions would free up cash “for redeployment into more value-accretive projects,” Olam said in a statement.

• Friday, May 2nd 2014 - 09:27 UTC

  Uruguay's budget fiscal deficit climbs in March to its highest since October 2003

  

  Uruguay's fiscal deficit climbed to 3.2% of GDP during March, the highest since October 2003, --equivalent to 1.69 billion dollars--, but Economy minister Mario Bergara said that there is no risk for “the sustainability of public accounts or sustainability of current macroeconomic policies”.

• Friday, May 2nd 2014 - 09:11 UTC

  Brazil denies financing Uruguay's project of a deep-sea port on the Atlantic

  

  Brazil's economic and social bank, BNDES, denied it was intent in financing Uruguay's deep sea port on the Atlantic coast, as repeated sources in the Uruguayan government have indicated.

• Friday, May 2nd 2014 - 09:03 UTC

  Brazil confirms Mercosur/EU are ready to exchange proposals in a month's time

  

  Brazil confirmed this week that for the end of May or early June, Mercosur will be presenting its joint tariff-reduction proposal to the European Union for the conclusion of an ambitious, but long delayed, cooperation and trade agreement.

• Friday, May 2nd 2014 - 08:28 UTC

  Majority of Uruguayans rate Argentina as 'the less friendly country', says poll

  

  A clear majority of Uruguayans, 61% believe Argentina is the “less friendly” country, according to a March 13/23 public opinion poll, with 1.013 interviews in Montevideo and the main urban locations in the rest of the country.

• Monday, April 28th 2014 - 08:01 UTC

  Montevideo expected to host Mercosur two in one summits next August

  

  Montevideo will be hosting the much delayed Mercosur (December) summit sometime next August as part of the 'normalization ' process, according to sources from the Uruguayan foreign ministry following revelations that negotiations with that purpose have been ongoing for several months now.

• Monday, April 28th 2014 - 07:29 UTC

  Malvinas Islands are Argentine, period, insists Uruguayan government

  

  Uruguay's Deputy Defense minister Jorge Menéndez reaffirmed that the Malvinas Islands are 'Argentine' and insisted that the government's support in defense of Argentine sovereignty over the Islands “is not of an expository character”.