Uruguay

• Sunday, February 27th 2011 - 23:08 UTC

  ANCAP contracts 50.000 km areo-magnetic survey of the Uruguayan offshore

  

  Uruguay government owned oil company ANCAP contracted the international company Fugro for the provision of geophysical services covering a complete aero-magnetic survey of the River Plate area and Atlantic Ocean where Uruguay is about to launch a hydrocarbons exploratory round.

• Saturday, February 26th 2011 - 02:54 UTC

  Uruguay and Argentina agree to build floating re-gasification plant

  

  Uruguay and Argentina signed on Friday an agreement to build a re-gasification plant for liquid natural gas to help meet their energy needs. The floating re-gasification plant will supply the two nations with 10 million cubic meters a day of natural gas, scalable to 15 million, starting in 2013 according to an official statement.

• Friday, February 25th 2011 - 06:12 UTC

  Uruguay’s leading fish processor reacts to abusive “media offensive”

  

  Uruguay’s leading and largest fish processing company Fripur S.A. claimed in full page ads in Montevideo’s newspapers that it is the victim of a “strong media offensive” that “irresponsibly” questions the way in which it processes products that are sold both in Uruguay and overseas.

• Friday, February 25th 2011 - 03:48 UTC

  Spain ‘closely following’ fishing companies difficulties in port of Montevideo

  

  The Spanish embassy is closely following the difficulties faced by Spanish fishing companies in the port of Montevideo, some of which have decided to stop operating in Uruguay.

• Friday, February 25th 2011 - 01:04 UTC

  India pledges greater economic cooperation and trade with Uruguay

  

  India pledged on Thursday greater economic cooperation with Uruguay in sectors such as agriculture, pharmaceuticals, textiles, automobiles, machineries and IT. In 2009-10, bilateral trade stood at 64.3 million US dollars.

• Thursday, February 24th 2011 - 07:49 UTC

  Uruguay and India explore wind energy cooperation

  

  A high level delegation from Uruguay is exploring the possibility of forging cooperation with India in the wind power sector. Led by Uruguayan Vice President Danilo Astori, the delegation visited Wednesday the plant of RRB Energy Ltd (RRBEL) in Chennai (formally Madras).

• Thursday, February 24th 2011 - 07:38 UTC

  Spanish fishing vessels abandon Montevideo because of costly labour demands

  

  Fifteen Spanish flagged fishing vessels will no longer operate in Montevideo because labour claims disputes with crew members can include vessel seizures or significant collateral deposits demands by the Uruguayan justice before they can return to sea.

• Thursday, February 24th 2011 - 03:27 UTC

  Argentina insists trade restrictions “in no way represent an obstacle for Mercosur partners”

  

  Argentine Industry Ministry officials assured Wednesday that non-automatic licenses currently being applied to imports “in no way represent an obstacle for our Mercosur partners” and they have been implemented to monitor imports from outside the region.

• Tuesday, February 22nd 2011 - 06:42 UTC

  Argentina has ignored Mercosur rules and is now harvesting the benefits

  

  Even when Uruguay and Brazil are in the course of reaching understandings with Argentina regarding the latest trade restrictions to be implemented by President Cristina Fernandez de Kirchner administration, ‘which are not targeted against Mercosur members’, the Brazilian press presents another angle.

• Tuesday, February 22nd 2011 - 04:18 UTC

  Uruguay/Argentina working on ‘fast track’ to address trade differences

  

  Uruguay and Argentina are discussing a ‘fast track’ mechanism that will allow Uruguayan exports to have quick access to the neighbour’s market thus avoiding the controversial trade restrictions recently announced by the administration of President Cristina Fernandez de Kirchner and which have surprised Mercosur partners.