News of June 2018

27.06.18

Uruguay with Stable Outlook and Credit Rating

Uruguay with Stable Outlook and Credit Rating

The country retains its second level investment grade, according to the financial risk rating agency. This is a major factor taken into account by foreign investors who are considering investing in the country. S&P affirmed Uruguay’s sovereign credit standing at BBB and rated its outlook as “stable,” thus indicating a solid foreign position for the economy despite dollarization levels.

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27.06.18

New Agricultural Office in China

New Agricultural Office in China

On Friday, May 11, the Uruguayan Embassy in China inaugurated its Agricultural Attaché Office to strengthen the Agricultural and Economic and Trade Department in the diplomatic mission in Beijing, and to consolidate the institutional presence of the country’s Livestock Ministry and Meat Institute in the Asian nation. The aim of this office is also to facilitate contacts between Chinese government agencies and local operators.

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