Latest news in Uruguay? September 4th, 2026

The key developments and latest news regarding Uruguay around September 4, 2026, include:

• Bilateral Tensions with Argentina over Green Hydrogen Plant: The governments of Uruguay and Argentina have been holding talks to de-escalate diplomatic tensions surrounding HIF Global’s planned green hydrogen and synthetic fuels plant in Paysandú, situated along the Uruguay River. Both sides are working to prevent a renewed environmental and regional conflict reminiscent of the historic pulp mill disputes. MercoPress+ 1
• New Tax Stability and Minimum Global Tax Regulations: The Uruguayan executive branch introduced a decree revising earlier regulations regarding the Qualifying Domestic Top-up Tax (QDMTT) under global anti-base erosion rules. The new regulation establishes a compensation and filing mechanism for multinational entities operating under preexisting stability clauses, such as those in Free Trade Zones and the forestry sector. Global Tax Knowledge Hub – EY+ 1
• Central Bank Currency Milestone: The Central Bank of Uruguay (BCU) marked five consecutive years without intervening directly in the foreign exchange market. BCU leadership highlighted the milestone as evidence of a stable, fully free-floating exchange rate regime. MercoPress+ 1
• Logistics and Trade Expansion: DHL Global Forwarding finalized its full acquisition of local logistics operator Aero Cargas S.A., establishing its first direct, wholly owned operation in Uruguay to capitalize on Montevideo’s role as a regional port and multimodal transit hub for the Southern Cone. DHL Group
• US Beef Tariff Exemption Exclusions: Uruguayan meat exporters and trade officials continue addressing the impact of recent US trade measures, which temporarily waived tariffs on certain lean beef trimmings for select regional competitors while excluding traditional quota holders like Uruguay and Argentina. MercoPress