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Article: Challenges emerge for Uruguay's recovery.
- Article from:
- Market Latin America
- Article date:
- May 1, 2006
CopyrightCOPYRIGHT 2006 Media Contact Resources, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The most widely covered current news from Uruguay focuses on a dispute between Argentina and Uruguay over the construction of two European Union (EU) financed paper mills. The plants are to be built on the Uruguay River, which delineates the border between Uruguay and Argentina.
Paper mills have a long-standing bad reputation when it comes to impact on the environment. And on the Argentine side of the river, concern over paper mill pollution and a loss of jobs and tourism recently boiled over into protest with the Argentinians blocking an international bridge.
Not incidentally, Argentina's president, while supporting the environmental argument, has been ...