Sales of real estate in Uruguay’s internationally renowned resort Punta del Este and its area of influence reached almost 1.5 billion US dollars between January first 2009 and the first half of 2010, according to the Tourist Office from the County of Maldonado.
Uruguayan Vice-president Danilo Astori and a delegation of sixty businessmen are en route to China for a week long visit to strengthen bilateral relations and further promote trade and investments.
Uruguay reached this month a tax information exchange agreement with India thus totalling the twelve demanded by the Organization for Economic and Development Cooperation to have the country de-listed from the group that still have to abide and implement internationally agreed tax standards.
Spanish fishing vessel owners have warned Uruguayan port authorities that they are considering leaving the port of Montevideo because of the costly labour disputes with crew members when the vessels dock, taking advantage of a very ‘misbalanced’ legislation.
Uruguayans eat an average of 58.2 kilos of beef which makes them the world’s leading consumers per capita, per annum according to the country’s president of the National Meats Institute, INAC, Alfredo Fratti.
Physical integration particularly in energy and access to the sea were two of the main issues addressed by the presidents of Paraguay, Uruguay and Bolivia, (Fernando Lugo, Jose Mujica and Evo Morales), during their Sunday meeting in Asunción in the framework of Urupabol, the regional group which brings together the three countries.
The Inter-American Development Bank approved a 6.85 million USD grant to expand access to better sanitation and water services in Uruguayan rural communities and schools.
Chilean wood pulp producer Celulosa Arauco y Constitucion SA seeks to continue its regional expansion as it develops plans for a new pulp mill in Uruguay, Arauco's corporate director, Franco Bozzalla, said this week.
Royal Caribbean announced that during the coming tourist season several of its ships will make 27 stops between Montevideo and Punta del Este in Uruguay. The announcement was made by Michael Ronan, Royal Caribbean's Vice President of Government Relations, Caribbean, Latin America & Asia, in a meeting with different Uruguayan authorities held in Montevideo.
Uruguay’s Defence minister and former guerrilla leader Luis Rosadilla, and retired military officers made a huge “shared” reconciliation gesture when they agreed to forget pending bills, look to the future and establish a constructive dialogue.