The industrial and agricultural sectors are those who have objected in the process for negotiation of a free trade agreement with South Korea, arguing that some products would be hurt by the arrival of similar products from China. Such is the case of "... the sectors of metal mechanics, tires, plastics, chemicals and electrical goods. This was announced by executive director of the Chamber of Industries of Costa Rica, Francisco Gamboa, according to whom there is no sector in these categories interested in exporting to Korea."

See "Fourth Round of Central America - South Korea FTA"

In the agricultural sector, "... swine producers have called for full opening without taxes for meat from Costa Rica in Korea. However, the Koreans requested exclusion of this item from the discussions, " Renato Alvarado, president of the National Chamber of Pork Producers and vice president of the National Chamber of Agriculture and Agribusiness (CNAA) told Nacion.com.

The fifth round of negotiations is scheduled to take place in the Korean capital at the beginning of August and then in November the last phase will be carried out.

Source: Nacion.com

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September 2014

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