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22.03.17

Uruguay, more prosperous by the day

Uruguay, more prosperous by the day

The 2016 edition of the index positioned Uruguay as the strongest overall performer in Central and South America, showing particular improvement in the categories of personal freedom and governance. The index highlights that in the last five years the country attained third place in the region with respect to per capita income growth.

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22.03.17

Inclusive Development Index 2017

Inclusive Development Index 2017

Uruguay ranked sixth among developing economies in the World Economic Forum’s Inclusive Development Index, which measures indicators such as education, basic services, infrastructure, and corruption, among others.

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10.03.17

Uruguay ranks among the world’s top 10 free countries

Uruguay ranks among the world’s top 10 free countries

Every year, Freedom House, a non-governmental organization with offices in Washington, D.C. and New York, issues an annual study on the state of political rights and civil liberties, which includes a global freedom ranking. For the 2017 edition of its flagship Freedom in the World report it assessed 195 countries and 14 territories around the globe, using the data gathered to build the freedom ranking. Of the 195 countries assessed, 87 (or 45%) were rated Free, 59 (30%) Partly Free, and 49 (25%) Not Free.

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24.01.17

Uruguay, top Latin American country in IDI 2017

Uruguay, top Latin American country in IDI 2017

The World Economic Forum has issued its Inclusive Development Index for 2017, which ranks 109 countries according to their current level of inclusive development, based on performance in three leading areas: Growth and Development; Inclusion; and Intergenerational Equity and Sustainability. Each area is in turn divided into a number of sub-indexes, including GDP per capita, labor productivity, employment, healthy life expectancy, median household income, inequality, public debt, and carbon intensity of GDP.

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19.12.16

Uruguay and Argentina sign judicial cooperation agreement

Uruguay and Argentina sign judicial cooperation agreement

Uruguay and Argentina have entered into a cooperation agreement to enhance collaboration, cooperation, and communication relations between the judicial bodies of the two countries. The agreement, which went into force on December 6, will be implemented through annual projects.

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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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