Interest in fixed assets, strong commodities’ prices and growing prospects that global demand for food producing land will continue have generated a new rush of foreign investors to buy land in Uruguay.
The Argentine Senate finally approved the nomination of Miguel Dante Dovena, a very close advisor of the Kirchner couple as the next ambassador in Uruguay.
Next November 13 the Holland America Line “Veendam” will be calling in Montevideo with 1.400 passengers signalling the official beginning of the cruise season in Uruguay expected to extend until April 4.
Uruguayan president Jose Mujica insisted that the best regulation for the media is no regulation, although admitting that many times he feels disappointed, when not furious with some of the articles published.
Uruguay’s Foreign Affairs minister Luis Almagro trusts parliament will ratify before the end of the year the Union of South American Nations, Unasur, protocol thus formally incorporating to the regional political and defence group. Uruguay’s legislative opposition does not support incorporation to Unasur.
The governments of Uruguay and Switzerland agreed a Double Taxation Agreement (DTA) on October 18. The document was signed by the Uruguay’s Economy Minister, Fernando Lorenzo, and his Swiss counterpart, Hans-Rudolf Merz.
Uruguay announced that it will authorize Finland’s Stora Enso so build one of the world’s largest pulp mills but also warned about “wide ranging, strict supervision” of the environment to comply with international practice and to avoid problems with neighbouring Argentina, as happened with Botnia.
A delegation of Saudi agro-business entrepreneurs headed by the Agriculture minister (and member of the royal family) visited Uruguay with the purpose of establishing a fluid trade exchange and on the long term a strategic alliance.
Uruguay celebrated on Thursday the 25 years since being accepted as Consultative member of the Antarctic Treaty. The event coincided this year with the XXXIIIth Antarctic Treaty Consultative meeting which for the first time was hosted by Uruguay last May.
Chambers of Commerce from Europe, Brazil and Uruguay called on their governments to give a new thrust to negotiations for an ambitious cooperation and trade EU/Mercosur agreement.