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Uruguay: back in businessUruguay: back in business
John Gallagher
15-Mar-2004
Uruguay, long regarded as "the Switzerland of Latin America", found itself suffering alongside its neighbours during the regional economic crisis of 2002-3. Now its duty-free trade is sharing in a regional upswing. John Gallagher reports on the changing fortunes of the Uruguayan industry.
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The interdependence of regional economies is sometimes expressed using a viral analogy; if X sneezes, Y catches a cold. When Latin America's dominant economies, Brazil and Argentina, get the sniffles,
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(17-Sep-2002) - URUGUAY. Over 130 delegates gathered for a lively ASUTIL 2002 duty-free conference in Montevideo on September 4?6, co-organised by regional association ASUTIL and DFNI publisher Raven Fox.
(28-Sep-2002) - John Gallagher and Dermot Davitt review the event.
(28-Sep-2002) - One of Uruguay?s leading economists, Jorge Caumont, started day two of the conference.
(1-Jan-2002) - URUGUAY. Uruguayan operators have reported that sales have suffered badly following the meltdown in the Argentinian economy. In particular the market has been affected by the Argentinian government?s decision to freeze all national savings.
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