Uruguay

Saturday, June 30th 2012 - 03:43 UTC
Mercosur Secretary General resigns and walks out from the Mendoza summit

Mercosur Secretary General Samuel Pinheiro Guimaraes resigned to his post in the midst of the Mendoza summit following a strong exchange with the group of Foreign Ministers, indicated reports from Buenos Aires.
Friday, June 29th 2012 - 03:00 UTC
Uruguay’s project for a deepwater port on the Atlantic takes off

Uruguay’s government is going forward with plans to build its first deepwater port along the Atlantic coastline in a place called “La Angostura”, an investment estimated in over 700 million dollars and which it wants to use as a platform to begin exporting iron-ore to China.
Wednesday, June 27th 2012 - 17:19 UTC
Uruguay’s fiscal performance exposed to “political limitations”, says S&P report

Risk rating agency Standard & Poor’s praised Uruguay’s fiscal moderation in the last eight years since the budget’s fiscal deficit has been below 2% of GDP but criticized the “political limitations” which impede the achievement of a better performance.
Tuesday, June 26th 2012 - 01:36 UTC
Uruguay will not support any kind of economic sanctions on Paraguay

Uruguayan president Jose Mujica rejected on Monday the possibility of applying economic sanctions on Paraguay following on the “parliamentary coup” as was announced by Venezuela which decided to cut the supply of subsidized oil.
Tuesday, June 26th 2012 - 01:33 UTC
Mercosur and Unasur leaders to hold a joint discussion next Friday in Mendoza

Chilean president Sebastián Piñera revealed that next Friday during the regular Mercosur summit, the leaders of Unasur member states are scheduled to hold an extraordinary meeting to jointly address the political crisis in Paraguay triggered by the removal of President Fernando Lugo.
Monday, June 25th 2012 - 07:07 UTC
Wen Jiabao confirms Mercosur interest; Uruguay’s deep sea port blueprints to be sent to Beijing

A memorandum of understanding with Mercosur and a deep sea port to the east of Uruguay were two of the main issues addressed by visiting Chinese PM Wen Jiabao with President Jose Mujica revealed the Executive Deputy Secretary.
Monday, June 25th 2012 - 06:38 UTC
Chinese delegation ‘surprised’ Minister Almagro was absent when PM Wen Jiabao visited Uruguay

The Chinese delegation of Prime Minister Wen Jiabao that spent over a day in Uruguay and signed several cooperation agreements felt “disappointed” with the fact that the Foreign Minister was not present during the visit.
Monday, June 25th 2012 - 06:25 UTC
Uruguay recommends new presidential elections for the Paraguayan crisis

Uruguay called for strict respect of the Mercosur and Unasur democratic clauses and said the best way out of the current political crisis in Paraguay was to hold presidential elections as soon as possible.
Saturday, June 23rd 2012 - 03:35 UTC
Uruguay hosts highest Chinese official to ever visit the country

Chinese Premier Wen Jiabao arrived in Uruguay Friday, his first stop on a multi-nation visit to South America. Wen's arrival marks the first time a Chinese premier has visited Uruguay since diplomatic ties were established in 1988.
Saturday, June 23rd 2012 - 03:25 UTC
Mercosur/Unasur anticipate “appropriate measures” against coup in Paraguay

President Cristina Fernández assured on Friday night that “Argentina does not condone the coup in Paraguay” and anticipated that “appropriate measures” will be taken at next week’s Mercosur Summit, scheduled to take place in Mendoza.