Uruguay ends $600 million Montecon-linked arbitration

Uruguay has reached an agreement with Neltume Ports to end a US$600 million international arbitration linked to container terminal operator Montecon and operations at the Port of Montevideo. Neltume Ports, the majority shareholder in Montecon, has irrevocably withdrawn its claims against the Uruguayan state before the World Bank’s International Centre for Settlement of Investment Disputes […]

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