Virtual Round With Singapore Finishes

Progress was made in access to markets and rules of origin, topics of great importance to define the specific goods each side will offer.

Wednesday, August 19, 2009

The II Negotiation Round for the Free Trade Agreement between Costa Rica and Singapore concluded yesterday, after six days of video conferences. The delegations from both countries made important advances towards a normative text, as their work was based on proposals and reactions exchanged by electronic means in the weeks prior to this round.

There was progress in topics like State Purchases, Commercial Defense, Intellectual Property, Sanitary and Phitosanitary Measures, Technical Obstacles to Trade, and others. This left few pending topics, which could be defined during the next round in Singapore.



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Costa Rica - Singapore FTA Negotiation to Resume Next Week

January 2010

In the next negotiation round, to take place in Costa Rica, negotiators expect to complete the Free Trade Agreement.

Fernando Ocampo, chief negotiator for Costa Rica, informed they have consulted with the private sector, and the main concern of the businessmen, and key point in the negotiation, is the definition of rules of origin, as Singapore imports lots of food and other products in order to reprocess them.

Food Industry Against Rules of Origin

August 2009

For Costa Rican sector leaders, having access to raw materials from all over the world is essential.

Costa Rica's chief negotiator for the Singapore FTA said that the most important topic to deal with is Rules of Origin. In response to this, the president of the Costa Rican Chamber of the Food Industry, Tomás Pozuela, said that "they are a sector in favor of opening markets, but they oppose the restriction of not being able to access international markets in search for raw materials protected by tariff policies".

Rules of Origin Key Topic in Costa Rica - Singapore FTA

August 2009

In the upcoming second round of negotiations, Costa Rica will seek to establish tight rules of origin for Singaporean products.

The idea is to prevent the Asian country from importing raw materials from other countries, processing them and exporting them to Costa Rica with Free Trade benefits, remarked Fernando Ocampo, chief negotiator for Costa Rica.

Costa Rica - Singapore FTA Round Takes Off

April 2009

From Monday, April 20 to Wednesday, April 22, the first round of negotiations for the FTA will take place in Singapore.

By this being the first round of negotiations, "the countries will hold an initial exchange of preliminary views, interests and objectives for the negotiation," said Fernando Ocampo, chief negotiator for Costa Rica, to Elfinancierocr.com.

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