Argentina’s debt problems threatens to worsen trade tensions in Mercosur, adding to the economic woes of Brazil in a tense election year and causing headaches in Uruguay as the Argentine economy looks likely to plunge deeper into recession.
During the 2013/14 season, 237 cruise vessels called in Uruguay's two main ports, Montevideo and Punta del Este, with 409.367 visitors, a 6,3% increase in calls over the previous season, according to a report released by the country's presidential web-site.
Uruguayan president Jose Mujica is scheduled to attend a reception on Saturday at Argentina's tall ship Libertad, which together with several similar vessels is participating in the '2014 Latin American Sails' tour of thirteen Latin American and Caribbean ports, and on Friday arrived to Punta del Este.
Uruguay estimates that the number of arriving tourists to the country by the end of the year will reach 2.830.000, which is 40.000 less than in 2012, but still encouraging given the regional conditions, according to Tourism minister Liliam Kechichian.
Uruguay hosted last week a conference and workshop on tools and strategies to strengthen the response to cruise ship accidents. David Jardine-Smith, from the International Maritime Rescue Federation, and Roly McKie, HM Coastguard Staff Officer, Search and Rescue Operations, were the facilitators of the event.
The high operational costs in the ports of the region is having a negative impact for the cruise industry and some of the companies have already withdrawn vessels from the South Atlantic routes, warned Mediterranean Shipping Company, MSC and Royal Caribbean during a regional conference on the industry sponsored by Uruguay's Ministry of Tourism.
Even when Uruguay's official cruise season is scheduled for November this last Sunday Montevideo received “Costa Neo Romantica” a vessel on a world tour. She was expected to call at the Atlantic seaside resort of Punta del Este, but adverse weather conditions cancelled the visit.
Uruguay is expecting over 230 cruise calls this coming 2013/14 season and is in the process to install a network of cameras for crime control in downtown Montevideo, announced the Ministry of Tourism director Benjamin Liberoff.
Uruguay has ceased to be the magnet for Argentine funds looking for safe places to save and real estate investments since the Argentine revenue service AFIP, following on the neighbouring countries tax-data exchange agreement, could have access to that information, according to Uruguayan private financial and investment advisors.
Uruguay extended for another twelve months the VAT bonus for those tourists who pay for purchases, lodging and rents with debit cards. The measure was announced this week by Deputy cabinet chief Diego Canepa following a full ministerial meeting and in anticipation of the coming 2013/14 summer season.