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Tax breaks for Uruguay’s pharmaceutical sector

MONTEVIDEO: Uruguay’s government will be providing tax breaks to the pharmaceutical sector to boost its growth prospects.

The tax incentives will be provided to the pharmaceutical and biotechnology industries to attract domestic and foreign investment, Business Monitor International reported.

The country’s pharmaceutical exports reached US$74 million in 2008.

Source: Business Monitor International

For more information contact:

Desiree Aceves

Business Development Assistant, Buenos Aires

Email: desiree.aceves@nzte.govt.nz

13 April 2010

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