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AIPTEK: An unfair business practice history

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   W h o  a r e  w e ??
   A b o u t   U r u g u a y
   W h e r e   a r e  w e  l o c a t e d?
   S p e c i a l i z a t i o n   a r e a s
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     etchegaray@adinet.com.uy
 
 

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More additional strategic
advantages that Uruguay offers:


Strategic location for distribution of goods to key consumer points in the Mercosur

One of the most well-educated labor force in Latin America (97% literacy rate) as consequence that the whole education is free from the Primary one (children from 3 until the 11 years of age), Secondary (12 up to 17 years of age) until High School or Superior (Faculties focused for educational area under the control of the University of the Republic).

Large bilingual population with a secondary language in English or Portuguese

Centralized routes and well-built infrastructure from Montevideo to Brazil, Argentina, Paraguay and Chile, where is produced more than 80% of South America Gross Domestic Product (GDP).

The Spanish language that is spoken in Uruguay, is the most accepted in the whole Hispanic area, making of this country, the most appropriate place to install Customers Attention Centers

Covering of 95% of current water, 99 electricity%.

From the 30 of September of 1997, Uruguay has its system of communication and telephony 100 digital%, being the first in Latin America  and one of the  exclusive 6 countries of the world with this feature

Historically without natural disasters, without epidemics, without religious conflicts, without racial conflicts, and one of the highest levels of personnel safety of Latin America

According to latest Environmental Sustainability Index (ESI) produced by a team of environmental experts at Yale and Columbia Universities and released at the World Economic Forum January 27 in Davos, Switzerland, Uruguay ranks in the third position, behind Finland and Norway, among 146 countries. Click here so see PressRelease.pdf
  http://www.yale.edu/esi/ESI2005_Main_Report.pdf

No restrictions on foreign trade operations

Free trade zones supported in an attractive legislation, oriented to capture foreign companies that they want to be installed inside them

Foreign business oriented legislation, including specialized laws as Foreign Trade Zones Law and SAFI Holdings Law, and the Promotion and Protection of national and foreign investment  Law.

Investors may freely transfer abroad their capital and profits from the investment.

The best option to develop investments and business with seriousness in Latin America.
According to the latest Transparency International Corruption Perceptions Index 2004, produced by Transparency Internacional, Uruguay ranks in the 28th position, among 146 countries.

If we only consider Latin America countries, Uruguay is the Second (2nd) more transparent country for International Investment, only behind and very close of Chile (1st position).
http://www.transparency.org/cpi/2004/cpi2004.en.html

Finally, the recently report published recently by United States Department of State, titled "2005 INVESTMENT CLIMATE STATEMENT - URUGUAY" it is very eloquent about the excellent conditions in that country for the foreign investors
http://www.state.gov/e/eb/ifd/2005/43043.htm


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Uruguay is the best strategic choice for the international companies interested in developing business in Latin America region.


Uruguay gathers excellent logistics, attractive regulatory scheme for foreign investments, telecommunications 100% digital, modern financial system and one of the most cultured populations in the continent.

ECA (Etchegaray Consultants & Associates) is located at  downtown Montevideo, the capital of Uruguay, in the best point of the city, from you can access in few minutes to all strategic sites of input and output from and toward the country, as Montevideo Port and  Carrasco International Airport.

Montevideo, is also the city where the headquarters of the main administrative organ of the Mercosur resides: the "Secretary of the Mercosur"
http://www.mercosur.org.uy/espanol/sinf/varios/2.HTM

Mercosur is a customs union that was established in 1995, made up initially by Brazil, Argentina, Uruguay and Paraguay, by means of a trade liberalization which included a progressive and automatic process of elimination of tariffs for all of the tariff universe, though with lists of exceptions which should be eliminated progressively.

Obviously, this includes the adoption of a common external tariff. To facilitate and complement this program aimed at promoting commercial exchange, a harmonization of macroeconomic and sectorial policies is contemplated. The participation of the two largest South American economies, Brazil and Argentine, together with the increasing liberalization that the other economies of the region have experimented, has led other countries to join the agreement, as has been the case with Chile, Peru and Bolivia.

With time, it is probable that Mercosur will attract new members and shall become the most import economic union in Latin America.

For these reasons, the geopolitical importance of Uruguay has become a significant factor for companies selecting Uruguay as the regional center of their business operations.

Few Latin American countries can boast the stability and safety that Uruguay enjoys. Due to its long history of political and social stability

 
 
 

 

     

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Copyright ®2005 - ECA - Etchegaray Consultants & Associates - A/P Pedro J. Etchegaray Avallone 
Office Address: Santiago de Chile 1286 - P.O.Box 10908 - Montevideo - Uruguay - South America
Phone: +598(2)9006010 - Telefax: +598(2)9032985 - E-mail: etchegaray@adinet.com.uy
Updated: 12/10/2005

 
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