Uruguayan president Jose Mujica said he promotes good relations with the entire world but he is well aware of the significance of neighbouring Argentina for the Uruguayan economy and that “we must jump into the stirrup of Brazil”.
Uruguay’s central bank unexpectedly increased on Friday its benchmark interest rate by 75 points from 8% to 8.75%o as policy makers admit inflation, and mid term expectations remain notoriously over the target range and price stability is the main concern in “the current socio-economic context”.
No changes are needed in current legislation to bar vessels flying the Malvinas flag from entering Uruguayan ports, but Uruguay also speculates that if the vessels change to the English flag there will be no problems, according to a report from the Foreign Affairs ministry.
Chilean government Secretary General Andres Chadwick denied on Monday any official message from Britain or from Spain regarding Chilean support for the resolution that bars vessels flying the Malvinas flag from Mercosur ports, reports La Tercera from Santiago.
Leaving aside the current diplomatic situation with the UK because of the Uruguayan government decision to bar Malvinas’ flagged vessels from local ports, “we have a very good dialogue with Great Britain” said Uruguayan Foreign Affairs minister Luis Almagro.
From Monday's Globe and Mail (*)
The Falkland Islands, a windswept archipelago in the South Atlantic Ocean, are a British Overseas Territory, and have been since 1833. The 3,000 inhabitants of this Island are proud to be British subjects, and no amount of Argentine huffing or puffing will change that.
Three cruise vessels with over 5.000 passengers spent Christmas at Uruguay’s international seaside resort Punta del Este on the Atlantic, according to the local port authority, Carlos Ferreira.
In a piece published last week in London daily The Guardian, and referred to the recent Mercosur support for Argentina in the Falkland Islands dispute, Richard Gott argues that a new scenario has emerged with South America growing in strength, increasingly united and no longer looking to Europe for support and advice which means a different framework for the Falkland Islands s sovereignty dispute.
MercoPress wishes a happy holiday season to all its readers.
Uruguayan Foreign Affairs minister Luis Almagro spoke Friday on the phone with Foreign secretary William Hague for the first time since the Falklands/Malvinas’ flagged vessels controversy, but both sides apparently could only agree that the situation remains stalled according to brief statements