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U.S., Uruguay Sign Funding Agreement for Electrical Interconnection Project with Brazil

The U.S. Chargé D'Affaires and the Uruguayan Minister of Industry signed the agreement

Posted: September 12, 2005

The United States Chargé D'Affaires to Uruguay, James D. Nealon, and the Uruguayan Minister for Industry, Energy and Mining, Jorge Lepra, signed an agreement on Friday, September 9, 2005, for a $441,000 grant intended to cover the costs of the equipment and technical services needed for an electrical interconnection project between Uruguay and Brazil.

The U.S. Trade and Development Agency (USTDA) is responsible for providing the funds for this project. The agreement was signed at a ceremony in the office of the Minister for Industry, Energy and Mining. Officials for the U.S. Embassy and the Ministry were in attendance.

USTDA promotes economic development and the trade interests in developing middle income nations. The Agency finances various forms of technical assistance, feasibility studies, fact-finding visits and seminars in support of the development of modern infrastructures and free and fair trade.

Since its creation in 1981, the investments by the USTDA in Latin American and the Caribbean have produced more than 5 billion dollars in exports from the United States and have been associated with the implementation of more than 165 projects. During Fiscal Year 2004, the USTDA has funded of more than $9.1 million dollars in 40 new projects throughout the region.

 Minister Jorge Lepra and Chargé D"Affaires James Nealon signing the USTDA funding agreement. Officials for the U.S. Embassy and the Ministry also in attendance. (U.S. Embassy photo by Vince Alongi)
>Click to enlarge photo
 

Minister Jorge Lepra and Chargé D'Affaires James Nealon signing the USTDA funding agreement. Officials for the U.S. Embassy and the Ministry also in attendance.

 Uruguayan Minister for Industry, Energy and Mining Jorge Lepra, and U.S. Chargé D"Affaires James Nealon during signing of USTDA funding agreement, September 9, 2005. (U.S. Embassy photo by Vince Alongi)
>Click to enlarge photo
 

Uruguayan Minister for Industry, Energy and Mining Jorge Lepra, and U.S. Chargé D'Affaires James Nealon during signing of USTDA funding agreement, September 9, 2005.


 
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