Costa Rica Initiates TLC Negotiations with Singapore

On April 20th in Singapore, the first round of negotiations for the free trade agreement is anticipated.

Thursday, February 12, 2009 publishes: "For the head of COMEX (Ministry of Commerce), Singapur is 'a market that offers important possibilities for our productive sectors, because it imports most of its materials and offers interesting opportunities in services, innovation and technology'."

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Costa Rica and Singapore Close FTA Negotiations

January 2010

Both countries confirmed the agreement, after finally finding common ground in the last remaining issue: financial services.

In the last negotiation round, which took place in Costa Rica from January 8th to 15th, both parties accorded all the texts of the treaty. The only issue remaining was a pending proposal related to investment services, which was solved later via phone communication between both Ministers.

Rules of Origin Key Topic in Costa Rica - Singapore FTA

August 2009

In the upcoming second round of negotiations, Costa Rica will seek to establish tight rules of origin for Singaporean products.

The idea is to prevent the Asian country from importing raw materials from other countries, processing them and exporting them to Costa Rica with Free Trade benefits, remarked Fernando Ocampo, chief negotiator for Costa Rica.

Costa Rica - Singapore FTA Round Takes Off

April 2009

From Monday, April 20 to Wednesday, April 22, the first round of negotiations for the FTA will take place in Singapore.

By this being the first round of negotiations, "the countries will hold an initial exchange of preliminary views, interests and objectives for the negotiation," said Fernando Ocampo, chief negotiator for Costa Rica, to

Costa Rica to negotiate FTA with Singapore

December 2008

On Tuesday, Costa Rican President Oscar Arias and his counterpart, President Sellapan Rama Nathan of Singapore agreed to start the process, during a visit the Asian country.

An agreement with Singapore has been rumored for some months now, ever since the Minister of Foreign Trade (Comex), Marco Vinicio Ruiz, spoke of the possibility. However no government official had spoken of this formally.

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