Uruguay's president Tabaré Vázquez paves way for UPM's giant investment - "UPM is not extorting us in any way"

Summary:
President Tabaré Vázquez of Uruguay discusses UPM's new pulp factory project in this interview. According to media sources, UPM has demanded tax exemptions, restrictions on labor unions, and exemptions on rules regarding foreign workers. President Vázquez says that UPM has presented its position clearly, the government knows how far it can go. The article briefly mentions that Stora Enso and the Chile-based Arauco also have a factory in Uruguay.

Presidente de Uruguay Tabaré Vázquez allana camino para inversión gigante de la UPM - "UPM no extorsiona a nosotros de ninguna manera" Resumen: Presidente Tabaré Vázquez de Uruguay discute proyecto de la fábrica de pulpa nueva de la UPM en esta entrevista. Según fuentes de los medios de comunicación, UPM ha exigido las exenciones de impuestos, restricciones a los sindicatos y las exenciones sobre las normas relativas a los trabajadores extranjeros. Vázquez Presidente dice que UPM ha presentado su posición claramente, el gobierno sabe hasta dónde puede llegar. El artículo menciona brevemente que Stora Enso y la Arauco basada en Chile también tienen una fábrica en Uruguay.

President of Uruguay Tabaré Vázquez making way to UPM's gigantic investment – 'UPM not extorting us with its demands'
The Uruguayan President Tabaré Vázquez is interviewed by HS. He discusses UPM's plans to build a new pulp mill in the country. He estimates that the mill's value to Uruguay would be between 1 and 1.5 per cent to the country's GDP. Also Stora Enso has a pulp mill in the country together with Arauco. Mr Vázquez admits that Uruguay is heavily dependent on Finland and continues that Finns have both invested in them and also created valuable jobs.

HELSINGIN SANOMAT - FINLANDIA -  16 febrero 2017