
Japan is extending Uruguay a grant of 8.5 million US dollars to finance a solar power project, according to official Japanese sources. Japan’s Foreign Affairs minister Katsuya Okada and his Uruguayan counterpart Pedro Vaz signed the document Monday.

Uruguayan president elect Jose Mujica said Friday that Finland’s Stora Enso will not be constructing a pulp mill along the border with Argentina close to where another mill, Botnia is already functioning and has led to an ongoing conflict with the neighbouring country.

Between forty and fifty Asian crewmembers from two Korean flagged fishing vessels that caught fire Thursday night while docked in Montevideo, are being questioned by Uruguayan judicial authorities.

Petrobras begins seismic surveying offshore Uruguay in early 2010 and will keep its level of investments in Argentina as part of the Latinamerica expansion policy of the Brazilian government managed oil and gas corporation.

Finaland’s Stora Enso, Europe’s largest paper and forest products’ company said Wednesday that the decision whether to construct a pulp mill in Uruguay could take “well over a year”.

Uruguay’s Ministry of Tourism forecasts some 400.000 tourists and crew members will be visiting the country during this summer cruise season, which represents a slight increase over the previous year.

President elect Jose Pepe Mujica said that Uruguay has a strategic position in the region with a great future and he conceives the country not as a “wedge” but as a “bridge”.

Uruguayan consumer prices in November remained virtually unchanged with a 0.06% increase over October, having accumulated in the last twelve months 6.39% and 5.41% in the eleven months of 2009, according to the latest data released by the Statistics Office.

Uruguayan president-elect Jose Mujica is scheduled to meet next Tuesday with Brazilian president Lula da Silva on the sidelines of the Mercosur summit to be held in Montevideo, according to diplomatic sources.

Uruguayan President-elect José Mujica vowed to have the best possible relations with Argentina and isolate the conflict over the Botnia pulp mill, which has generated frictions in the bilateral relation.