Singapore Requests More Market Access to Costa Rica
The Asian country is conditioning a non triangulation agreement requested by Costa Rica to larger market access for its products.
Friday, September 4, 2009
Costa Rica had initially offered tax free entry for 90% of the products.
By the end of this fifth negotiation round, Costa Rica expects to gain market access for all the goods it requested.
Both countries confirmed the agreement, after finally finding common ground in the last remaining issue: financial services.
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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