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Brazil & Southern Cone - November 2006 (ISSN 1471-4431)
URUGUAY: Decision on paper mills to be postponed
In a blow to the Uruguayan government, the World Bank decided to postpone a vote on whether to approve a loan for the Botnia paper mill until 21 November. The postponement had been requested by Argentine president Néstor Kirchner on 7 November. He wrote a letter to the World Bank's president, Paul Wolfowitz, saying that a decision to finance the paper mill could have "the undesired effect of influencing legal proceedings" at the International Court of Justice at the Hague.
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- URUGUAY: Decision on paper mills to be postponed
- Economic overview