OECD Investment Policy Reviews: Uruguay
In July 2020, the Investment Committee recommended to Council to invite Uruguay to become the 50th adherent to the OECD Declaration on International Investment and Multinational Enterprises. This OECD Investment Policy Review of Uruguay documents the progress made in recent years to align investment policies with the national development strategy in pursuit of the Sustainable Development Goals (SDGs). The Review also assesses remaining challenges in improving the business climate, in particular the actions needed to establish an enabling responsible business environment and ensure full application of the Declaration. Uruguay’s success in attracting more and better investment will make its economy more resilient and better prepared to accelerate the recovery after COVID-19.
Foreword
The Investment Policy Review of Uruguay assesses the investment climate in Uruguay and discusses the challenges and opportunities faced by the government. Capitalising on the OECD Policy Framework for Investment, the Review takes a broad approach to investment climate reforms in Uruguay and its continuous transition towards higher levels of development and well-being. Individual chapters are devoted to the overall economic performance and foreign investment trends, the reform of the state and state-owned enterprises, foreign investment regulations, the legal and institutional framework for investment protection, tax policy, investment promotion and facilitation, and policies to promote and enable responsible business conduct (RBC).