Uruguay

Monday, November 21st 2011 - 07:47 UTC
Mujica says Brazil supports Uruguay in the fiscal haven controversy with G20

President Jose Mujica said on Sunday that his peer from Brazil Dilma Rousseff will make a strong declaration in support of Uruguay when the next G20 summit to counter French President Nicholas Sarkozy recent statements in Cannes describing one of Mercosur junior members as a “fiscal haven”
Thursday, November 17th 2011 - 18:54 UTC
Uruguay is Mexico’s strategic partner in Mercosur says President Calderon

The Mexican president underlined the strategic importance of Uruguay since it is the only Mercosur member that has a free trade agreement with Mexico, thus making it the ‘strategic partner’ of Mexico in Mercosur.
Thursday, November 17th 2011 - 17:41 UTC
G20 president says Uruguay is no ‘fiscal haven’ and praises transparency commitment

Uruguay received a huge political boost from Mexico (the same it was denied from its Mercosur partners under influence from Argentina) in its dispute with the recent G20 summit which through spokesperson French president Nicholas Sarkozy described Uruguay as a ‘fiscal haven’.
Thursday, November 17th 2011 - 07:08 UTC
Mercosur is not moving but Uruguay “will not stay put licking its wounds”

Uruguayan president Jose Mujica said that Mercosur “is not moving forward or backwards” but is certainly working much better than the European Union where old experienced nations “made a mess of it”. Nevertheless, Uruguay will not stay put “licking its wounds”, it will look for other trade links.
Thursday, November 17th 2011 - 03:49 UTC
Uruguay denies access to Malvinas-bound Royal Navy vessels to please Argentina

Uruguay had to stand up to a world power and deny dock access to a Royal Navy vessel on its way to the Falklands/Malvinas to retain good relations with Argentina, admitted the Uruguayan President Jose Mujica in Guadalajara where he met with members of the Uruguayan colony in Mexico.
Wednesday, November 16th 2011 - 00:34 UTC
Argentina tells Uruguay it will not accept surplus Pesos from the summer season

Argentina will not take back the millions of Pesos that thousands of tourists spend in neighbouring Uruguay during the summer season. That was the reply to a request from Uruguay’s largest bank branch in the City of Buenos Aires, according to banking sources in Montevideo.
Tuesday, November 15th 2011 - 23:09 UTC
Uruguay puts a 65 dollar per MW-hour cap for developing wind power projects

Uruguay won’t accept bids above 65 dollars a megawatt-hour from developers bidding to sell power from wind farms as concerns mount that rates have dropped too low.
Tuesday, November 15th 2011 - 16:44 UTC
President Mujica in Mexico to boost trade and relations with G20

Uruguayan president Jose Mujica arrived Tuesday in Mexico for a two day visit to promote bilateral trade and to address with his host Felipe Calderon issues related to recent discrepancies with the G20 that described Uruguay and Panama as “fiscal havens”.
Monday, November 14th 2011 - 21:21 UTC
Falklands establishes agriculture and trade cooperation links with Uruguay

If proof was ever needed that adversity leads to a greater determination to succeed, it has been amply provided in a recent trip by the Falkland Islands Senior Agricultural Advisor, “Mac” McArthur, on a trade mission and cultural visit to Uruguay.
Monday, November 14th 2011 - 16:48 UTC
Uruguay has become an IMF creditor and contributed to bail-out Ireland

Uruguay has become a net creditor of the International Monetary Fund and given this condition has helped in the bailing out of such countries as Ireland and Angola, revealed a top authority of the Central Bank during a hearing before the country’s Senate’s Finance Committee.