Uruguayan fisheries exports to the European Union have officially resumed this week after having overcome sanitary observations interposed at the beginning of the year, reported the country's Fisheries Department (DINARA) director Daniel Montiel.
Chilean president Michelle Bachelet and her Uruguayan counterpart Tabare Vazquez expressed on Monday deep concern over the new European Union migration policy and argued in favor of the positive aspects of migration.
The June Consumer Prices Index in Uruguay soared 1.28% over May, totalling 5.44% inflation in the first half of the year according to the official release from the National Statistics Institute, INE.
Uruguay may have found an offshore natural gas field holding as much as 3 trillion cubic feet of resources during studies of exploration areas it plans to auction in July 2009, the country's state oil company said.
Uruguayan authorities downplayed the announcement earlier this week of the discovery of significant natural gas reserves and possibly oil in the River Plate close to the Brazilian border.
Uruguay approved the environmental impact report presented by the Spanish pulp manufacturer ENCE which is planning to build a huge 1.5 billion US dollars plant in Colonia to the west of the country, next to the coast of the River Plate.
According to the latest figures published by the Spanish government there are 86.601 Uruguayans living in that country (44.314 men and 42.287 women) of which 25.761 have Spanish citizen status. However there are another 10 to 15.000 who are undocumented and therefore could be included in the recently approved EU return directive.
For the sixth week running the US dollar has depreciated againts the Uruguayan peso in the local Money market accumulation a loss of 9.98%. In the 26 weeks of 2008, the Uruguayan peso has increased during 19.
The debate on land concentration and the so called (financial) soybean pools, which is currently one of the main issues behind the Argentine farmers' conflict, has reached Uruguay where apparently the oil seed boom is rapidly displacing dairy farms.
Uruguay and Panama signed on Monday several cooperation agreements during the official visit of Uruguayan President Tabare Vazquez to the Central American country, the first leg of a tour that will also take him to Cuba and Mexico.