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Agribusiness growth in 2018

By Pittaluga Abogados - 11/10/2019
Agribusiness growth in 2018

In 2018, the agribusiness sector had an 80% share of total goods exported by the country in Uruguay and is expected to be the major driver of export growth in 2019.

Regarding the entry of Foreign Direct Investment (FDI) in the sector, they had a positive impact on the increase in the international price of commodities, the adequate business climate and the notorious comparative advantage of Uruguay in the production of intensive goods in the use of the earth.

FDI in the sector amounted to US $ 4,150 million in the period 2002-2017. The agricultural sector was the one that received the greatest investments, especially for the incorporation of technology in the production of grains, being that some of the largest grain traders in the world are installed in the country (ADM, Bunge, Cargill and Louis Dreyfus , COFCO, among others).

By Pittaluga Abogados - 11/10/2019
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Pittaluga Abogados

Pittaluga Abogados, has initiated its professional practice 20 years ago, as an Intellectual Property Law Firm.

After some years providing a specialized and top level service for foreign clients, many of them among the world premier companies, Pittaluga Abogados obtained a recognized international prestige in said field, which convert it into one of the leaders Intellectual Property Law Firms in Uruguay.

Thus, today in P&A we take pride in emphasizing that our goal has always been and will continue being, to keep a personal relationship with our clients, considering at all times the priorities of our clients as our own, with the belief that each one of them is unique and irreplaceable.