Moody’s Upgrades Uruguay Credit Rating To Baa2

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, real estate, tourism, uruguay, us companies

Uruguay achieved its highest credit rating in history today when Moody’s Investors Services upgraded its rating for Uruguay government bonds to Baa2 from Baa3 with a stable outlook. According to the official press release, Moody’s based the ratings upgrade on three main drivers: the strengthening of Uruguay’s credit profile with adequate buffers and a lower debt:GDP ratio, declining exposure to …

US Chamber of Commerce CEO: “The World Needs More Uruguay”

Patrick Archer agribusiness, competitiveness, foreign investment, real estate, uruguay, us companies, visionaries

Those were the powerful words of U.S. Chamber of Commerce President and CEO Thomas J. Donohue in his formal introduction of Uruguay President Jose Mujica earlier today in Washington.  Before U.S. Businessmen, Mujica Sold Uruguay As A Country To Live and Invest is how the local papers are summarizing the president’s 36-minute presentation this morning at the U.S. Chamber. But …

Why Invest In Uruguay? Foreigners Offer 2.775 Billion Reasons

Patrick Archer agribusiness, competitiveness, foreign investment, global rankings, real estate, uruguay

Foreign direct investment (FDI) in Uruguay has surged fourteen times over the past decade, and Uruguay FDI as a percentage of GDP is one of the three highest rates in Latin America. The new numbers released by Uruguay XXI show FDI in Uruguay has risen from a mere US$194 million in 2002 to three consecutive years of inflows exceeding US$2 …