Other topics included in the agreement are extending the electric interconnection between both countries, and cultural and educational exchange programs.

"The document was signed in Panama City by Costa Rican president Oscar Arias and Panamanian head of state Ricardo Martinelli. It includes directives to foster integration, culture promotion, political dialogue, cooperation in security and border posts, and regulation, technical and educational topics", reported Elfinancierocr.com.

Source: elfinancierocr.com

More on this topic

Panama and Israel Sign Cooperation Agreements

March 2010

These agreements include cooperation in agriculture, water, cultural exchange and technical assistance.

Daniel Sabán, Central American and Caribbean director for Israel’s State Department signed the agreements with President Martinelli.

“Panama is reportedly interested in techniques to extend the usable life of agricultural and livestock products”, reported newspaper La Prensa.

Costa Rica and Panama Sign Association Agreement

October 2009

Both countries seek to improve bilateral relationships with this agreement, which comprises trade and cooperation topics.

The presidents of both countries are expected to sign it in Oscar Arias' official visit to Panama.

"Before the presidential encounter, chancellors from the two countries will preside the III Meeting of the Political Consultation Mechanism, in order to review political, commercial, cooperation, customs and transportation issues", reported Univision.com.

Panama to Sign Double Taxation Agreement with Italy

September 2009

In December, both countries will sign an agreement to prevent repeated taxation.

This was announced by Panamanian president Ricardo Martinelli upon his arrival from Italy.

Martinelli "...addressed the topic with Italian Prime Minister Silvio Berlusconi, and he promised to help him 'getting out of all the black-lists'", reported newspaper Prensa.com.

FTA Mexico - Costa Rica is Enlarged

July 2009

The countries signed an Strategic Association Agreement to expand the current FTA and create dialogue and cooperation mechanisms.

Mexican president Felipe Calderón "assured in a press conference that this agreement will not only increase bilateral commerce, but also 'enable closer dialogue in topics of mutual interest and deepen the economic relationship and the educational, technical and touristic links'", reported Prensalibre.cr