Costa Rica sets long-term goal of boosting trade with Andes
Costa Rica is looking to hold trade negotiations in the future with Peru and Colombia, Trade Minister Marco Vinicio Ruiz said. But first the United States will have to ratify its free trade accord with Colombia, he added.
Monday, April 28, 2008
Once trade agreements are in place between the US and Peru and Colombia, Costa Rica will seek to benefit from common rules of origin. "But that's a long-term plan and we're going to send out a few feelers first," said Ruiz, who added: "These are important opportunities in South America."
FOB exports of general goods registered growth of 10.5%, while CIF imports of general merchandise increased by 5.4%.
An attempt is being made to boost exports to countries like Peru and Chile, with whom trade agreements are already in place.
In the negotiations for a FTA, Costa Rica renounced to applying safeguard and anti-dumping measures to China.
Nicaraguan businessmen are requesting the negotiation of a FTA, in order to sell their products directly.
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