Uruguay

Abstract

Wikipedia Country Information

Uruguay (; Spanish pronunciation: [uɾuˈɣwai̯]), officially the Oriental Republic of Uruguay (Spanish: República Oriental del Uruguay), is a sovereign state in the southeastern region of South America. It borders Argentina to its west and Brazil to its north and east, with the Río de la Plata (River of Silver) to the south and the Atlantic Ocean to the southeast. Uruguay is home to an estimated 3.44 million people, of whom 1.8 million live in the metropolitan area of its capital and largest city, Montevideo. With an area of approximately 176,000 square kilometres (68,000 sq mi), Uruguay is geographically the second-smallest nation in South America, after Suriname.
Uruguay was inhabited by the Charrúa people for approximately 4,000 years before the Portuguese established Colonia del Sacramento, one of the oldest European settlements in the region, in 1680. Montevideo was founded as a military stronghold by the Spanish in the early 18th century, signifying the competing claims over the region. Uruguay won its independence between 1811 and 1828, following a four-way struggle between Spain, Portugal, Argentina and Brazil. It remained subject to foreign influence and intervention throughout the 19th century, with the military playing a recurring role in domestic politics until the late 20th century. Modern Uruguay is a democratic constitutional republic, with a president who serves as both head of state and head of government.
Uruguay is ranked first in Latin America in democracy, peace, lack of corruption, e-government, and is first in South America when it comes to press freedom, size of the middle class and prosperity. On a per-capita basis, Uruguay contributes more troops to United Nations peace-keeping missions than any other country. It ranks second in the region on economic freedom, income equality, per-capita income and inflows of FDI. Uruguay is the third-best country on the continent in terms of HDI, GDP growth, innovation and infrastructure. It is regarded as a high-income country (top group) by the UN. Uruguay is also the third-best ranked in the world in e-Participation. Uruguay is an important global exporter of combed wool, rice, soybeans, frozen beef, malt and milk. Nearly 95% of Uruguay's electricity comes from renewable energy, mostly hydroelectric facilities and wind parks.
The Economist named Uruguay "country of the year" in 2013, acknowledging the innovative policy of legalizing the production, sale and consumption of cannabis. Same-sex marriage and abortion are also legal, leading Uruguay to be regarded as one of the most progressive nations in the world, and one of the most socially developed, outstanding regionally, and ranking highly on global measures of personal rights, tolerance, and inclusion issues.


Summary
Instruments ratified: 118 / 282
World Average Ratifications: 114 / 282
Ratification rate: 43.19%
World Average Rate: 41.25%
Weighted score: 47.90%
World Average Weighted Score: 41.25%
World rank: 73 / 194
Developing country rank: 26 / 87
Developing country Avg. Ratifications: 109 / 282
South America rank: 6 / 13
South America Avg. Ratifications: 111 / 282
Comparative Statistical Analysis
CONTRACTS Inst. ratified Country score World avg. score Country rank in world Strength
Agency 0/2 0.00% 2.00% 8 Weak
Conflict of laws 0/7 0.00% 3.00% 27 Weak
E-commerce 0/3 0.00% 18.00% 70 Weak
Franchising 0/1 0.00% 0.00% 1 Average
Leasing/Factoring 0/2 0.00% 5.00% 13 Weak
Principles, trade usages and standards 0/2 0.00% 0.00% 1 Average
Procurement 0/4 0.00% 3.00% 31 Weak
Sale of Goods 3/5 (60.00%) 81.82% 25.00% 2 Strong
Travel contracts 0/1 0.00% 3.00% 7 Weak
Total 3 13.04% 9.00% 63 Strong
 
CUSTOMS Inst. ratified Country score World avg. score Country rank in world Strength
Customs Codification 1/3 (33.33%) 100.00% 78.00% 1 Strong
Customs Cooperation 0/6 0.00% 26.00% 117 Weak
Exemption from Duties 4/9 (44.44%) 51.85% 30.00% 53 Strong
Temporary Admission 0/11 0.00% 28.00% 126 Weak
Transit 1/4 (25.00%) 27.27% 28.00% 62 Weak
Total 6 23.91% 31.00% 97 Weak
 
DISPUTE RESOLUTION Inst. ratified Country score World avg. score Country rank in world Strength
Arbitration 1/6 (16.67%) 25.00% 32.00% 86 Weak
Judicial cooperation 1/5 (20.00%) 26.32% 36.00% 76 Weak
Recognition of foreign judgments 0/2 0.00% 2.00% 6 Weak
State court jurisdiction 0/4 0.00% 14.00% 29 Weak
State court procedure 0/1 0.00% 6.00% 12 Weak
State immunities 0/1 0.00% 11.00% 22 Weak
Total 2 20.00% 29.00% 95 Weak
 
ENVIRONMENT AND PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Air 4/5 (80.00%) 80.00% 86.00% 59 Weak
Chemicals 1/1 (100.00%) 100.00% 78.00% 1 Strong
Energy 0/2 0.00% 25.00% 50 Weak
Flora and fauna 9/10 (90.00%) 89.13% 68.00% 17 Strong
Foodstuff 2/2 (100.00%) 100.00% 79.00% 1 Strong
General 0/1 0.00% 95.00% 185 Weak
International watercourses 0/1 0.00% 18.00% 36 Weak
Maritime and Law of the Sea 12/26 (46.15%) 58.70% 46.00% 67 Strong
Protected geographical areas 1/1 (100.00%) 100.00% 27.00% 1 Strong
Waste 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 30 70.83% 61.00% 57 Strong
 
FINANCE, PAYMENTS AND INSOLVENCY Inst. ratified Country score World avg. score Country rank in world Strength
Assignment of receivables 0/1 0.00% 1.00% 2 Weak
Bankruptcy and insolvency 0/1 0.00% 21.00% 41 Weak
Bills of exchange and promissory notes 0/4 0.00% 8.00% 43 Weak
Cheques 0/3 0.00% 13.00% 36 Weak
Credit transfers 0/1 0.00% 0.00% 1 Average
International guarantees 0/3 0.00% 20.00% 75 Weak
Total 0 0.00% 12.00% 117 Weak
 
GOOD GOVERNANCE Inst. ratified Country score World avg. score Country rank in world Strength
Corruption 1/4 (25.00%) 41.67% 50.00% 92 Weak
Cultural Property 2/4 (50.00%) 50.00% 54.00% 61 Weak
Drugs 3/3 (100.00%) 100.00% 95.00% 1 Weak
Insider Trading 0/1 0.00% 4.00% 9 Weak
Organized crime 2/2 (100.00%) 100.00% 80.00% 1 Strong
Total 8 69.23% 68.00% 86 Weak
 
HUMAN RIGHTS AND LABOUR STANDARDS Inst. ratified Country score World avg. score Country rank in world Strength
Human Rights 6/7 (85.71%) 85.71% 96.00% 143 Weak
Labour Standards 1/8 (12.50%) 12.50% 86.00% 178 Weak
Total 7 46.67% 91.00% 178 Weak
 
INSTITUTIONAL PARTICIPATION Inst. ratified Country score World avg. score Country rank in world Strength
Dispute Resolution 1/1 (100.00%) 100.00% 39.00% 1 Strong
International Trade Law 9/10 (90.00%) 90.00% 73.00% 34 Strong
Trade support institutions 4/6 (66.67%) 66.67% 51.00% 56 Strong
Total 14 82.35% 63.00% 46 Strong
 
INTELLECTUAL PROPERTY Inst. ratified Country score World avg. score Country rank in world Strength
Broadcasting 1/1 (100.00%) 100.00% 47.00% 1 Strong
Copyright 3/3 (100.00%) 100.00% 65.00% 1 Strong
Industrial designs 1/2 (50.00%) 37.50% 31.00% 64 Strong
Integrated circuits 0/1 0.00% 2.00% 4 Weak
Neighboring Rights 3/3 (100.00%) 100.00% 46.00% 1 Strong
Origin 0/3 0.00% 14.00% 51 Weak
Patents 2/5 (40.00%) 38.10% 57.00% 150 Weak
Trademarks 2/6 (33.33%) 18.18% 33.00% 111 Weak
Varieties of plants 1/1 (100.00%) 100.00% 37.00% 1 Strong
Total 13 51.58% 42.00% 70 Strong
 
INVESTMENTS Inst. ratified Country score World avg. score Country rank in world Strength
Investment disputes 1/2 (50.00%) 50.00% 39.00% 2 Strong
Investment guaranty 1/1 (100.00%) 100.00% 93.00% 1 Weak
Total 2 66.67% 57.00% 2 Strong
 
PRODUCTS Inst. ratified Country score World avg. score Country rank in world Strength
Marine Resources 1/1 (100.00%) 100.00% 24.00% 1 Strong
Timber 0/1 0.00% 31.00% 61 Weak
General 1/1 (100.00%) 100.00% 92.00% 1 Weak
Total 2 61.54% 53.00% 61 Strong
 
TRANSPORT AND TELECOMMUNICATIONS Inst. ratified Country score World avg. score Country rank in world Strength
Air transport 3/7 (42.86%) 61.90% 59.00% 95 Weak
Aircrafts and civil aviation 6/9 (66.67%) 72.00% 74.00% 129 Weak
Maritime shipping and load lines 9/13 (69.23%) 82.86% 66.00% 73 Strong
Maritime transport 5/12 (41.67%) 29.17% 27.00% 87 Weak
Multi modal transport 0/2 0.00% 4.00% 15 Weak
Rail transport 0/3 0.00% 22.00% 50 Weak
Road transport 1/4 (25.00%) 27.78% 31.00% 70 Weak
Space 4/4 (100.00%) 100.00% 40.00% 1 Strong
Telecommunications 0/2 0.00% 47.00% 114 Weak
Total 28 52.70% 50.00% 87 Weak
 
TREATIES LAW Inst. ratified Country score World avg. score Country rank in world Strength
General 2/4 (50.00%) 66.67% 30.00% 11 Strong
Total 2 66.67% 30.00% 11 Strong
 
WTO Inst. ratified Country score World avg. score Country rank in world Strength
Plurilateral Agreements 0/2 0.00% 18.00% 45 Weak
WTO Agreements 1/1 (100.00%) 100.00% 81.00% 1 Strong
Total 1 45.45% 47.00% 45 Weak
 
Strengths and Weakness
Strong
Contracts Sale of Goods
Customs Customs Codification
Customs Exemption from Duties
Environment and products Chemicals
Environment and products Flora and fauna
Environment and products Foodstuff
Environment and products Maritime and Law of the Sea
Environment and products Protected geographical areas
Good Governance Organized crime
Institutional Participation Dispute Resolution
Institutional Participation International Trade Law
Institutional Participation Trade support institutions
Intellectual property Broadcasting
Intellectual property Copyright
Intellectual property Industrial designs
Intellectual property Neighboring Rights
Intellectual property Varieties of plants
Investments Investment disputes
Products Marine Resources
Transport and telecommunications Maritime shipping and load lines
Transport and telecommunications Space
Treaties law General
WTO WTO Agreements
 
Average
Contracts Franchising
Contracts Principles, trade usages and standards
Finance, payments and insolvency Credit transfers
 
Weak
Contracts Agency
Contracts Conflict of laws
Contracts E-commerce
Contracts Leasing/Factoring
Contracts Procurement
Contracts Travel contracts
Customs Customs Cooperation
Customs Temporary Admission
Customs Transit
Dispute resolution Arbitration
Dispute resolution Judicial cooperation
Dispute resolution Recognition of foreign judgments
Dispute resolution State court jurisdiction
Dispute resolution State court procedure
Dispute resolution State immunities
Environment and products Air
Environment and products Energy
Environment and products General
Environment and products International watercourses
Environment and products Waste
Finance, payments and insolvency Assignment of receivables
Finance, payments and insolvency Bankruptcy and insolvency
Finance, payments and insolvency Bills of exchange and promissory notes
Finance, payments and insolvency Cheques
Finance, payments and insolvency International guarantees
Good Governance Corruption
Good Governance Cultural Property
Good Governance Drugs
Good Governance Insider Trading
Human Rights and Labour Standards Human rights
Human Rights and Labour Standards Labour Standards
Intellectual property Integrated circuits
Intellectual property Origin
Intellectual property Patents
Intellectual property Trademarks
Investments Investment guaranty
Products General
Products Timber
Transport and telecommunications Air transport
Transport and telecommunications Aircrafts and civil aviation
Transport and telecommunications Maritime transport
Transport and telecommunications Multi modal transport
Transport and telecommunications Rail transport
Transport and telecommunications Road transport
Transport and telecommunications Telecommunications
WTO Plurilateral Agreements
Instruments ratifications

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