What are the latest news in Uruguay?
Energy & Offshore Exploration
- The Italian energy firm Eni signed an official agreement with Uruguayan state company ANCAP and Argentina’s MIWEN to enter offshore exploration block OFF-5 with a 50% operating stake, alongside acquiring an interest in the neighboring OFF-6 block to explore the area’s hydrocarbon potential. Eni———
- The Executive Power issued Decree No. 188/026 updating regulations on the country’s tax holiday regime for foreign-source investment and capital gains. The updated rules clarify investment thresholds for obtaining tax residence and incentivize real estate investment outside the coastal departments.- EY – Tax News+ 1———
- Economy Minister Gabriel Oddone emphasized fiscal discipline and strict management of public finances in recent addresses, warning against excessive deficit spending to safeguard macroeconomic stability. -Nuevos Papeles——–
- Following the exit of Marcelo Bielsa, the Uruguayan Football Association (AUF) appointed national legend Diego Forlán as head coach of the senior men’s national team and the U-20 squad.- India Today———
- La Celeste confirmed an international friendly against India in Kolkata scheduled for October 2026 as part of a series of post-tournament preparatory matches. -Hindustan Times——–