"For when you finish the term of President José Mujica, Uruguay will have increased its per capita income from 15,000 to over $ 20,000 in income around Portugal, and will be among the five countries of the world's most renewable energy production per capita ". That's how confident is Luis Almagro, Uruguayan Foreign Minister, when speaking of the objectives of the ruling Broad Front for the four years remaining of the legislature.
Born in 1963, the diplomat came to his current position in March 2010 after spending three years as ambassador to China. Backed by the latest survey of 143 experts from 18 countries of the Getulio Vargas Foundation, Brazil, which placed Uruguay as the Latin American country with the best climate for doing business, ahead of Peru and Chile, Almagro spent last week in Madrid to launch a commission with the Spanish government to address issues of immigration, such as return programs and the rights of children born in Spain, Uruguay, and to try to convince companies to invest in the River Plate country.
"I think the study of the Getulio Vargas Foundation praised the efforts made by Uruguay to guarantee 'the legal and financial security' companies and 'development potential' which has the country." "Now we are interested in developing renewable energy to reduce everything we can our dependence on oil and to overcome future market volatility spikes as you are going through now as a result of the riots in the Maghreb and the Middle East.
For within four years, for example, electricity should come from the rural sector by 100% renewable. " He adds Almagro: "Last year, first broke the trend in immigration. They returned to the country many more Uruguayans of those who left. To encourage the return is not just enough to make repatriation agreements with the Spanish government or other countries, but a great effort on our part to encourage the Uruguayans to return to their country.
Unemployment is at 5.4%, the lowest in history, and our next goal is to reduce the poverty rate one digit and banish poverty. We have until 2015. " In addition, the foreign minister also came to Madrid looking for investments in infrastructure and energy. Uruguay has begun building a second production of cellulose.
Just last month, the Finnish Stora Enso and Arauco Chile invested U.S. $ 1,900 million in the project Montes del Plata, 230 miles west of Montevideo. The amount of investment is unprecedented in this country of 3.4 million, or 5% of GDP. The Government intends that the plant will generate 6,000 direct jobs during the two years of construction, which should start in May.
The new plant is the heir to the project that eventually led to the Spanish paper Ence, and which collapsed in 2009. The first factory, built by Finnish company Botnia in Uruguay Uruguayan side of the river, caused one of the worst diplomatic crisis between Montevideo and Buenos Aires. Were five years when neighbors came to face River Plate in the Hague Tribunal.
Finally, the issue was settled in July 2010 with the formation of a binational committee for environmental monitoring. "With this second plant there is no problem with Argentina," says Alma. Evidence that the relations are better is the fact that a few days ago President Mujica signed with his counterpart in Argentina, Cristina Kirchner, an agreement to construct a natural gas production (the company imports frozen compressed gas and returns to the state gas and then distributes the traditional way) off the Rio de la Plata.
Will be on a platform in front of Montevideo and will produce 10 million cubic meters from 2013. The concession to manage the plant for 15 years will go to tender in May.
Born in 1963, the diplomat came to his current position in March 2010 after spending three years as ambassador to China. Backed by the latest survey of 143 experts from 18 countries of the Getulio Vargas Foundation, Brazil, which placed Uruguay as the Latin American country with the best climate for doing business, ahead of Peru and Chile, Almagro spent last week in Madrid to launch a commission with the Spanish government to address issues of immigration, such as return programs and the rights of children born in Spain, Uruguay, and to try to convince companies to invest in the River Plate country.
"I think the study of the Getulio Vargas Foundation praised the efforts made by Uruguay to guarantee 'the legal and financial security' companies and 'development potential' which has the country." "Now we are interested in developing renewable energy to reduce everything we can our dependence on oil and to overcome future market volatility spikes as you are going through now as a result of the riots in the Maghreb and the Middle East.
For within four years, for example, electricity should come from the rural sector by 100% renewable. " He adds Almagro: "Last year, first broke the trend in immigration. They returned to the country many more Uruguayans of those who left. To encourage the return is not just enough to make repatriation agreements with the Spanish government or other countries, but a great effort on our part to encourage the Uruguayans to return to their country.
Unemployment is at 5.4%, the lowest in history, and our next goal is to reduce the poverty rate one digit and banish poverty. We have until 2015. " In addition, the foreign minister also came to Madrid looking for investments in infrastructure and energy. Uruguay has begun building a second production of cellulose.
Just last month, the Finnish Stora Enso and Arauco Chile invested U.S. $ 1,900 million in the project Montes del Plata, 230 miles west of Montevideo. The amount of investment is unprecedented in this country of 3.4 million, or 5% of GDP. The Government intends that the plant will generate 6,000 direct jobs during the two years of construction, which should start in May.
The new plant is the heir to the project that eventually led to the Spanish paper Ence, and which collapsed in 2009. The first factory, built by Finnish company Botnia in Uruguay Uruguayan side of the river, caused one of the worst diplomatic crisis between Montevideo and Buenos Aires. Were five years when neighbors came to face River Plate in the Hague Tribunal.
Finally, the issue was settled in July 2010 with the formation of a binational committee for environmental monitoring. "With this second plant there is no problem with Argentina," says Alma. Evidence that the relations are better is the fact that a few days ago President Mujica signed with his counterpart in Argentina, Cristina Kirchner, an agreement to construct a natural gas production (the company imports frozen compressed gas and returns to the state gas and then distributes the traditional way) off the Rio de la Plata.
Will be on a platform in front of Montevideo and will produce 10 million cubic meters from 2013. The concession to manage the plant for 15 years will go to tender in May.
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