Spain's ENCE unveiled this week in Montevideo plans to produce a million tons of cellulose by September 2009 in a plant to be built in the south west of Uruguay along the River Plate coast.
Uruguay's Tabare Vazquez said he was deeply concerned fearing that the recurrent regional summit with the participation of Latinamerican leaders could turn into a mere protocol routine.
The Uruguayan government is confident of a positive ruling from the International Court of The Hague calling for an end to blockades by Argentine environmentalists protesting against the construction of a pulp mill on the Uruguayan side of a shared river that acts as a natural border between the neighboring countries.
The Uruguayan flagged scallop trawler Holberg which ran aground in the Falkland Islands and was later re-floated by a team of divers from the Uruguayan Navy finally arrived in Montevideo over the weekend, towed by the Mariana Rojamar II.
Uruguay and Argentina clashed over the pulp mills controversy during the Thursday meeting of the Mercosur ministerial Council currently taking place in Rio do Janeiro.
Uruguay and United States will sign next week a trade and investment agreement to strengthen and diversify bilateral trade relations announced in Washington John Veroneau, deputy chief of the US Trade Representative Office.
Hundreds of passengers waiting to travel on the ferry shuttle between Buenos Aires and Montevideo suffered this week unexpected delays because of lack of vessels and stricter migration regulations for minors, admitted Buquebus, the company which has a virtual monopoly of the River Plate crossings.
Uruguay's Deputy Tourism Minister Lilian Kechiciahn revealed that in the first fortnight of 2007 the number of Argentine tourists traveling to Uruguay dropped 20% compared to a year ago, mainly because of the ongoing controversy over the construction of the Finnish Botnia-Orion pulp mill.
Finland's Botnia is willing to sit and discuss with Argentina and Uruguay a negotiated solution to the controversy over the building of a pull mill in Uruguay which Argentina argues will be highly contaminating.
The international investment group which is capitalizing Uruguay's flag air carrier PLUNA plans to balance the deficit ridden company by the end of this year with a five to six months restructuring plan to be implemented once the incorporation of the group is signed at the end of January.