Costa Rica - Singapore FTA Round Takes Off
From Monday, April 20 to Wednesday, April 22, the first round of negotiations for the FTA will take place in Singapore.
Tuesday, April 21, 2009
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 Elfinancierocr.com.
Both countries confirmed the agreement, after finally finding common ground in the last remaining issue: financial services.
On April 20th in Singapore, the first round of negotiations for the free trade agreement is anticipated.
In the upcoming second round of negotiations, Costa Rica will seek to establish tight rules of origin for Singaporean products.
In the fifth and final round of negotiations, Costa Rica secured zero tariffs for all 6.550 product lines.
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