On 12 May 2016, the Belgian Chamber of Representatives approved the pending income and capital tax treaty with Uruguay. The Uruguayan Senate approved the treaty on 9 July 2014. The treaty, signed 23 August 2013, is the first of its kind between the countries. It will enter into force 15 days after the ratification instruments are exchanged, and will apply from 1 January of the year following its entry into force.