Jean Shaw, Vice President of Sabre Global Customer Support Centers, explains why Sabre Holdings decided to establish in Uruguay and the comparative advantages that the country has as an export services provider, especially in outsourcing.
In recent years, Uruguay has strongly committed to developing renewable energy through government policy and a new regulatory framework promoting investments in this sector. Committed capital to date totals US$ 7 billion (2011-2015) and is expected to rise.
Erwin Kaufmann, General Manager of Montes del Plata, explains why this company decided to establish in Uruguay and the advantages that this country has to offer foreign investors.
Uruguay’s stable, transparent, regulated and supervised financial system recorded an increase in the volume of banking transactions in 2012 -up 13.4% with respect to the previous year. This increase was accompanied by a rise in accounting revenue, where profits hiked to US$ 297 million.
Uruguay Investor Guide is a document prepared by Uruguay XXI to assist those interested in doing business in Uruguay. It includes profile information on the country, its business environment, foreign trade and investment promotion system, corporate vehicles, accounting and auditing rules, tax issues, labor and social security system and practical aspects for setting up a business.
Sponsored by Uruguay XXI, Loog Guitars, the three string guitars for children created by Uruguayan Rafael Atijas, participated at the New York Toy Fair 2013 and at the Annual Musical Instruments Fair (NAMM Show) in California, United States.
As in recent years, a new export record was set at US$ 8.75 billion in 2012, increasing 9% with respect to the previous year. If we add goods exported through the free trade zones, this figure rises to US$ 9.83 billion.
Uruguayan exports recorded improved market diversification between 2001 and 2012, notwithstanding greater concentration at the product level.
Brazil is the main destination for Uruguayan exports and the fourth country of origin of investments in Uruguay, accounting for 7% of total Foreign Direct Investment (FDI). A report from Uruguay XXI´s Department of Competitive Intelligence analyzes the current economic and commercial environment in Brazil and its trade relations with Uruguay.
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