ISDS Case Map
Uruguay
The Uruguayan government plans to seek free trade agreements with the U.S. and China, Economy Minister Danilo Astori said in an interview published Thursday in a weekly Uruguayan magazine.
Uruguay's Foreign Minister Reinaldo Gargano on Friday rejected an assertion made by Economy Minister Daniel Astori that the small South American nation is seeking a free trade deal with the U.S., according to Argentine media reports.
The Uruguayan government has ratified a Bilateral Investment Treaty (BIT) with the United States that is intended to enhance bilateral relations as well as trade and investment ties, according to the U.S. State Department.
The US and Uruguay will sign an amended bilateral investment treaty later Friday, the South American country's foreign minister said.
The Uruguayan Senate remains deeply divided on whether to move forward with the ratification of a US-Uruguayan Bilateral Investment Treaty (BIT).
Deputy United States Trade Representative Peter F. Allgeier states recently signed BIT with Uruguay will raise investor confidence and lower the perceived country risk.
Uruguay and the United States signed a bilateral trade agreement Monday to safeguard foreign business investments in each other's countries while promoting trade and exports.
The Minister of the Economy, Isaac Alfie, and the US Trade Representative Robert Zoellick, concluded a Bilateral Investment Agreement without disclosing its contents to either the Uruguayan members of parliament or to the Uruguayan society as a whole.
The U.S. Trade Representative's office said Tuesday it had begun talks with Uruguay on a treaty to expand investment ties.
Negotiations on a free trade agreement between the European Union (EU) and the Mercosur countries (Argentina, Brazil, Paraguay and Uruguay) have entered their decisive stage.
