The Central Bank of Uruguay (BCU) presented its 2026-2030 Strategic Plan, aimed at modernizing the financial system through the incorporation of artificial intelligence. A draft open finance bill is planned that would allow users greater control over their data in the sector. On the other hand, the…
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Uruguay
Mercosur to consider Venezuela’s reincorporation
The members of the Southern Common Market (Mercosur) are analyzing the possibility of Venezuela's reincorporation into the trade bloc, taking into account the easing of sanctions against the country as well as changes in the political…
Three Latin American countries have the highest monthly minimum wages
The issue of wages is debated globally. The pursuit of workers' social and economic well-being drives negotiations between unions, labor federations, and government representatives. Recent reports from Bloomberg Linea indicate that three…
Uruguay’s inflation fell to 4.09 % in November
The data recently published by the Consumer Price Index of Uruguay's National Institute of Statistics shows that year-on-year inflation fell from 5.03 % to 4.09 % in November, thus completing 30 consecutive months within the tolerance range…
Free trade zones have a positive impact on Uruguay’s economy
During the opening of the XXVIII Ibero-American Free Trade Zone Conference, Uruguayan President Yamandú Orsi emphasized the positive impact on the local economy of this model.
The president stated, "This is a model that has enormous…
Uruguay celebrates historic agreement between Mercosur and EFTA
Uruguay reached an important agreement between Mercosur and the European Free Trade Association (EFTA), considered highly positive by the country's Exporters Union.
For the organization, this opens access to new markets "considered…
Mercosur and Canada to resume free trade agreement negotiations
Canada and Mercosur member States will resume negotiations on a free trade agreement in October, a Brazilian representative said last week.
The announcement comes as a light at the end of the tunnel for the parties amid the tariff…
Montevideo to host Blockchain Summit Global 2025
The capital of Uruguay, Montevideo, will host the Blockchain Summit Global 2025 this Friday, July 25, a highly important event in the digital finance sector, where more than 20,000 people are expected to attend.
The city "will become the…
Chile to host International Summit for Democracy and Multilateralism
The Summit for Democracy and Multilateralism will take place in Santiago, Chile, on July 21st. The event will be chaired by President Gabriel Boric.
The Chilean president will welcome his counterparts Luiz Inácio Lula da Silva of Brazil,…
Venezuela and Uruguay will reactivate their consular services
Venezuelan Foreign Minister Yván Gil announced on Thursday, June 12, that consular services with Uruguay will be reactivated, following an agreement between the two countries.
In a statement on Telegram, the foreign minister indicated that…
China to allow visa-free entry for citizens of five Latin American countries
China announced last Thursday, May 15, the elimination of the visa requirement for entry into the country for travelers from Brazil, Argentina, Chile, Peru, and Uruguay starting June 1.
The measure is part of a series of initiatives…
Agricultural sectors in Latin American countries could benefit from US tariffs
US tariffs on major powers and other countries around the world could allow nations like Brazil, Argentina, Paraguay, and Uruguay to benefit by filling the gap in large supply chains, particularly in the agricultural market.
These Latin…