News

15.11.16

Latin America’s best airport is in Uruguay

Latin America’s best airport is in Uruguay

Carrasco International Airport, in Uruguay’s capital city of Montevideo, has been ranked as the top terminal for overall airport experience in the Best Airports in South America 2016 survey conducted by The Guide to Sleeping in Airports, a web portal that has been reviewing the industry for 20 years.

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26.10.16

Tourism Growth in Uruguay

Tourism Growth in Uruguay

All projections for tourism activity in Uruguay for the year 2016 agree that the coming summer season will be better than the last, with some tourist operators even venturing that it will be the best season ever. An economic report published in August by the Centro de Investigaciones Económicas (Cinve) found that the first quarter of 2016 had been the best in the last five years, and that in the first six months the tourism industry had enjoyed its best first semester in fifteen years.

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05.09.16

Uruguay opens up to the Pacific Alliance

Uruguay opens up to the Pacific Alliance

Uruguay seeks to advance in what regards its bilateral trade agreements, as it continues to pursue treaties between the Mercosur and other blocs as well. In such context, the country will be subscribing, in October, a Free Trade Agreement (FTA) with Chile.

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11.08.16

Philip Morris vs Uruguay

Philip Morris vs Uruguay

Last July 8th, a Court ruling in favor of Uruguay put an end to the international arbitration proceedings that the Philip Morris tobacco group filed against the Republic of Uruguay.

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20.07.16

Uruguay: Leading promoter of renewable energy

Uruguay: Leading promoter of renewable energy

Uruguay has a range of natural resources that offer major opportunities for the development of new sources of energy, in particular non-traditional renewables, including hydro, wind, solar, and biomass-based power generation, thanks to high water flows, predictable winds all year round, uniform sunlight throughout the country, and a thriving agro-industry.

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28.03.16

Montevideo: The Best City to Live In

Montevideo: The Best City to Live In

According to a report by the international consulting firm Mercer, for the second year in a row Montevideo was ranked best Latin American city to live in among a total of 230 cities considered for the region

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27.03.16

U.S. Recommends investing in Uruguay

U.S. Recommends investing in Uruguay

In a recently-issued guide, the United States Embassy in Uruguay highlights a number of advantages offered by the local market to potential U.S. investors.

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26.02.16

Uruguay: The Most Prosperous Country in Latin America and the Ca

Uruguay: The Most Prosperous Country in Latin America and the Ca

The Prosperity Index prepared by the Legatum Institute measures national prosperity based on 89 indicators, including wealth, economic growth, individual wellbeing, quality of life, entrepreneurship and opportunity, governance, education, health, and safety and security.

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26.02.16

More Benefits for Investment Projects in Uruguay

More Benefits for Investment Projects in Uruguay

With the aim of encouraging investment in the country in 2016, a new government decree provides tax breaks for investors. This new decree offers greater fiscal advantages for investment projects filed as of December 1, 2015 and implemented within the year 2016.

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26.02.16

Uruguay Leads Latin America in Transparency

Uruguay Leads Latin America in Transparency

An annual report issued by Transparency International found that in 2015 Uruguay was Latin America’s least corrupt country. According to the 2015 Corruption Perceptions Index, which gathers data from 168 countries, Denmark is the frontrunner among the least corrupt nations in the world. This study measures the perceived levels of public sector corruption based on the opinions of experts from the private sector.

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