Costa Rica and Panama to Negotiate FTA with Korea in 2011
By the middle of 2011 both countries plan to start negotiations.
Tuesday, November 2, 2010
The Minister of Foreign Trade of Costa Rica, Anabel Gonzalez, said that during her visit to South Korea discussions on details to start negotiating next year will be addressed.
In the coming days both nations will start the exchange of information with a view to beginning Free Trade Agreement negotiations with South Korea.
Panamanian authorities have now carried out a feasibility study and will start negotiations in 2012.
An analysis of the production and export structure of both countries reveals complementarities between economies, ideal conditions for a trade negotiation.
The president of South Korea expressed his intention of negotiating a Free Trade Agreement with the Costa Rica - Panama block.
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