Acronyms and abbreviations

AFE

State Rail Administration

ALADI

Latin American Integration Association

ANEP

National Administration for Public Education

ANII

Agencia Nacional de Investigación e Innovación (National Research and Innovation Agency)

APEC

Asia-Pacific Economic Co-operation

BCU

Banco Central del Uruguay (Uruguay Central Bank)

BEPS

Base Erosion and Profit Shifting

BIT

Bilateral Investment Treaty

BPO

Business Process Outsourcing

CAF

Development Bank of Latin America

CAPEX

Capital expenditures

CEIP

Council of Early and Primary Education

CEQ

Commitment to Equity Project

CES

Council of Secondary Education

CFA

OECD Committee on Fiscal Affairs

CFE

Council of Educational Training

CGS

Credit Guarantee Scheme

CIACEX

Inter-Ministerial Commission for Foreign Trade Affairs

CIAT

Inter-American Center of Tax Administrations

CIT

Corporate Income Tax

CND

National Development Corporation

CODICEN

Central Boarding Council

CoG

Centre of Government

COMAP

Commission for the Implementation of the Investment Law

CUTI

Chamber of Uruguayan Information Technologies

CVU

Road Corporation of Uruguay

DNTF

National Directorate of Rail Transport

DNV

National Road Directorate

ECLAC

Economic Commission for Latin America and the Caribbean

EIS

Engineering Intensive Sectors

EIU

Economic Intelligence Unit

EU

European Union

FAO

United Nations Food and Agricultural Organization

FATS

Foreign Affiliate Trade Statistics

FDI

Foreign Direct Investment

FEE

Fondo de Estabilización Energetica

FIRB

Australian Government’s Foreign Investment Review Board

FOB

Free on Board

FTA

Free Trade Agreement

FTZ

Free Trade Zone

GATT

General Agreement on Tariffs and Trade

GDP

Gross Domestic Product

GHG

Greenhouse Gas

GVC

Global Value Chains

ICTs

Information and Communication Technologies

IDB

Inter-American Development Bank

ILO

International Labour Organization

IMESSA

Impuesto Específico a los Servicios de Salud (Specific Tax for Health Services)

IMF

International Monetary Fund

INE

Instituto Nacional de Estadística (National Institute of Statistics)

INEED

National Institute of Educational Assessment

INEFOP

Instituto Nacional de Empleo y Formación Profesional (Institute for Labour and Professional Training)

IPA

Investment promotion agency

IPR

Investment Policy Reviews

IPRs

Intellectual Property Rights

ISCED

International Standard Classification of Education

ISDS

Investor-state dispute settlement

ISEP

International Society for Education Planning

JASPERS

Joint Assistance to Support Projects in European Regions

LAC

Latin America and the Caribbean

LPI

Logistics Performance Index

MEC

Ministry of Education and Culture

MEF

Ministerio de Economía y Finanzas de Uruguay (Ministry of Economy and Finance of Uruguay)

MFN

Most Favoured Nation principle

MSITS

Manual on Statistics of International Trade in Services

MTOP

Ministry of Transportation and Public Works

NAFTA

North American Free Trade Agreement

NTB

Non-tariff Barriers to Trade

OECD

Organisation for Economic Co-operation and Development

OPEX

Operational Expenditures

OPP

Presidential Office for Planning and Budget

PAC

Community Classroom Programme

PFI

Policy Framework for Investment

PFIs

Public Financial Institutions

PIAAC

Programme for the International Assessment of Adult Competencies

PISA

Programme for International Student Assessment

PPP

Purchasing power parity

PPPs

Public-Private Partnerships

PTA

Preferential Trade Agreement

R&D

Research and Development

RAB

Regulated Asset Based Model

RBC

Responsible Business Conduct

RCA

Revealed Comparative Advantage

SACU

Southern African Customs Union

SAFI

Sociedades Financieras de Inversion (Financial Investment Enterprises)

SELF

Rail and Logistics Services

SEP

Chile’s System of Public Enterprises

SIGA

Sistema Nacional de Garantías (National System of Guarantees Enterprises)

SMEs

Small and Medieum-sized Enerprises

SNC

National Competitiveness System

SNIP

National Public Investment System

SOEs

State-owned Enterprises

TFP

Total Factor Productivity

TIFA

Trade and Invesment Framework Agreement

TOCAF

Accounting and Financial Administration Text

TPES

Total Primary Energy Supply

TPP

Trans-Pacific Partnership

TRIMS

Trade-related Investment Measures

TRIPS

Trade-related aspects of intellectual property rights

UCU

Catholic University of Uruguay

UDE

University of the Enterprise (Universidad de la Empresa)

UDELAR

University of the Republic

UI

Unemployment Insurance

UNIDO

United Nations Industrial Development Organization

USTPO

United States Patent and Trade Office

UTEC

Universidad Tecnológica del Uruguay (Technological University of Uruguay)

UTU

University of Work of Uruguay

VAT

Value-added Tax

WCO

World Customs Organization

WEF

World Economic Forum

WTO

World Trade Organization