Uruguay’s beef exports in the first four months of 2011 have been lower in volume but higher in revenue compared to the same period a year ago. Something similar is happening with lamb although the fall in volume was even greater.
Uruguay harvested a record crop of rice this year totalling 1.65 million tons and marked the second highest area planted with the cereal, 195.000 hectares compared to the 200.000 of eleven years ago.
Uruguay will be holding next month the presidency of the UN Human Rights Council during 2011/2012 and for this motive UN Secretary General Ban Ki-moon is scheduled to visit Uruguay June 16th when he will be meeting President Jose Mujica and other top officials.
Three Korean jiggers which normally spend off-season time in Montevideo have moored in the port of Fray Bentos on the River Uruguay, as part of the de-centralization process launched by Uruguayan port authorities.
One of the world’s biggest tobacco companies is launching a claim against Uruguay for considering the country’s legislation commercially damaging to the company. Philip Morris corporation has filed a claim at the International Centre for Settlement of Investment Disputes (ICSID), a World Bank branch.
Uruguay and Argentina have received interest from 39 companies to build infrastructure for a floating LNG terminal, a project they are fast-tracking to start operations by the end of 2013, a project adviser said Tuesday.
Uruguay is the most peaceful country in Latin America followed by Costa Rica and Chile according to the latest edition of the Global Peace reported released Wednesday by the Institute for Economy and Peace.
Uruguay ratified to visiting UK Foreign Minister for Latin America Jeremy Browne, Montevideo’s “continental solidarity” policy with Argentina regarding the Falklands/Malvinas dispute but also described relations with the UK as “extremely cordial”.
US agricultural processor Archer Daniels Midland Co said this week it was building a grain export terminal in Nueva Palmira, Uruguay, capable of loading large bulk shipments of corn, wheat, soybeans and soy-meal.
For years LAN Chile has dominated the Chilean airways, but recent reports suggest Uruguayan based airline Pluna is hoping to open up new domestic flights within Chile, increasing the competition already offered by Sky airlines and PAL airlines.