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Vazquez's presidential victory in Uruguay confirms favourable status quo for hydrocarbons

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Report summary

Tabaré Vázquez, candidate of the Broad Front (FA) coalition, defeated right-of-centre National Party (PN) candidate, Luis Lacalle Pou, in Uruguay's presidential run-off election on 30 November. The investment environment is expected to remain favourable as Uruguay plans to open its third hydrocarbons licensing round in January.

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