Uruguay

Uruguay
Monday, February 29th 2016 - 09:31 UTC

Uruguay prepared to lead Mercosur/EU trade negotiations during the whole year

President Vazquez (R) and foreign minister Nin Novoa are expected to lead the Mercosur negotiating team to Brussels next April

Uruguay, now with the support from Argentina, is very much interested in advancing with the cooperation and trade agreement between Mercosur and the European Union, and is planning for president Tabare Vazquez to attend a Brussels meeting with EU officials to emphasize the matter.

Saturday, February 27th 2016 - 03:47 UTC

Uruguay reaffirms Argentina's Malvinas claim and its commitment to Falkland Islanders 'interests'

Uruguay's position “consistent in time” is based on “the understanding that the Malvinas Islands issue is directly linked to the territorial integrity of States”

Uruguay's foreign ministry expressed on Friday its “most firm support” for the 'legitimate rights' of Argentina's sovereignty claim over the Malvinas Islands, other insular territories in the South Atlantic and surrounding maritime spaces, currently administered by the United Kingdom.

Saturday, February 20th 2016 - 06:29 UTC

Uruguay's cruise season recorded 250.000 passenger landings in three months

The number of calls in Montevideo during November to January was 58, with 156.100 people of which 112.400 (72%) came ashore.

More than 250.000 passengers and crew members from cruise vessels visited Uruguay during the three months extending from November to January, according to the latest release from the country's Ministry of Tourism. The number of calls in Montevideo during that period was 58, with 156.100 people of which 112.400 (72%) came ashore.

Saturday, February 20th 2016 - 06:03 UTC

Argentina and Uruguay agree that integration and Mercosur are the priorities

“We covered all the issues we have in common in our bilateral and regional agendas and approved a work method that included meetings twice a year”, said Malcorra

Argentina and Uruguay foreign ministers agreed to hold twice a year meetings to address all issues in the bilateral agenda but with emphasis on integration and Mercosur which are 'our main concerns'. Susana Malcorra met with her peer Rodolfo Nin Novoa in Montevideo on Friday and after a several hours meeting made brief statements with no questions taken from journalists.

Thursday, February 18th 2016 - 06:07 UTC

Norway's Statoil joins Tullow Oil and expands share in Uruguay's Pelotas basin

“With this transaction, we are increasing our exposure to the upside potential of this untested geological setting”, said Statoil’s Nicholas Alan Maden

Norway’s Statoil said that it has signed an agreement with Tullow Oil to secure a 35% working interest in a Uruguay’s Pelotas basin exploration block 15, about 200 kilometers off the coast of Uruguay.

Friday, February 12th 2016 - 07:10 UTC

Uruguay’s Quiet Democratic Miracle

Uruguay ranks as the least corrupt and most democratic country in Latin America, and along with Chile, is rated as a “high income” country by the United Nations.

By Uki Goñi -


”Because here nobody is better than anybody else.” The phrase, one of this small South American country’s most cherished sayings, dates back to the 19th century and is often repeated by its thinkers, presidents and everyday citizens. As a simple expression of the democratic spirit, it sums up how Uruguayans feel about their homeland.

Wednesday, February 10th 2016 - 23:11 UTC

Montevideo-Stanley, an integrating and necessary air link

Representative Jaime Trobo from Uruguay's senior opposition party, Partido Nacional

By Jaime Trobo (*) - For some time now we have been arguing that Uruguay must strengthen its bonds and contacts with a neighboring territory, in the southern cone, part of our American continent, where families who arrived in our region during the first half of the XIX century live, and with whom those contacts, once very intense, have waned, particularly in the last decades.

Wednesday, February 3rd 2016 - 05:52 UTC

Norway's Statoil confirms interest in Uruguay's offshore potential, acquires 15% of exploration block

“With this transaction, we are positioning ourselves in yet another underexplored basin with upside potential” says Nicholas Alan Maden, from Statoil exploration

Norway's Statoil giant announced on Tuesday an agreement with French Total to acquire a 15% working interest in an offshore exploration block in Uruguay's continental shelf. The announcement comes only weeks before Total is preparing to drill its first exploratory well in Uruguayan waters.

Friday, January 29th 2016 - 04:11 UTC

Canadian company interested in Uruguay's main (broke) fish industry complex

Cooke Aquaculture apparently is only interested in fish catches, and is “not planning to reopen the processing plant or even use the local fishing fleet”.

A Canadian corporation, Cooke Aquaculture is apparently interested in taking over Uruguay's main fish industry company, FRIPUR, which is under administration and liquidation and ended all operations almost six months ago.

Friday, January 22nd 2016 - 09:46 UTC

As locals in Punta del Este, “we enjoy a dignified and happy life”

“We are happy, we can live in Punta del Este, we have a good time, we surf, work and bask in beaches”, argues Punta del Este elected mayor Andrés Jafif

London's The Guardian in an article credited to Oliver Balch argues that Punta del Este, Uruguay's main international summer resort has become a 'golden ghetto' for the rich where the poor can't afford staples or lodging. However Mayor Andrés Jafif openly disagrees with the reporting and argues that ”we might be poor (by European standards) but we are happy, we can live in Punta del Este, we have a good time, we surf, work and bask in beaches”.

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