The announcement of a visit by Chinese President Xi Jinping with trade authorities from his country, reaffirms expectations that trade between the two countries will continue to grow.
However, in the view of the executive director of the Costa Rican Chamber of Importers, Distributors and Representatives (Crecex), Luis Fernando Monge, although Jinping's visit to Costa Rica next week guarantees the country will become better known across the board, Crecex does not expect that the ruler will be accompanied by private entrepreneurs interested in doing business with Costa Ricans, although there are some expectations in that regard.
The shipping companies Ocean King and Crowley have raised their prices by $800 for every container imported into Costa Rica.
Luis Fernando Monge, CEO of Crecex, said in early February, representatives from Ocean King and Crowley informed them of the decision to increase the price of transporting goods, calling it "a blow to importers."
The construction of an industrial park could turn the country into a platform for Chinese exports to other markets.
Costa Rican authorities want to profit from the economic growth of the Asian giant, which seeks new markets for its products, by promoting the creation of an industrial park for Chinese companies in Costa Rica.
Between August 22 and 26, a group of Costa Rican companies will meet with businesses from Florida, U.S., both in Miami and Orlando.
The activity was organized by the Commercial Service of the U.S. Embassy in Costa Rica and the Costa Rican Trade Chamber (Crecex). It will consist of private meetings between Costa Rican businesses and preselected U.S. companies.
These entrepreneurs are looking for local distributors, to introduce their products to the national market.
Crecex, the Chamber of Local Representatives of Foreign Companies, will hold business rounds on September 21.
Katherinne Chaves, a Crecex executive, told newspaper La Prensa Libre that "Peruvian businessmen are interested in getting in touch with Costa Rican distributors, in order to introduce their products to our market. For this end, Crecex gives them profiles on how products move in the market, and organizes them business agendas".
The indispensable procedure for the registration of medicines, medical equipment, cosmetics and food takes up to four months at the Department of Health.
Currently, more than three thousand cases are in different phases of the procedure, [all] which are delayed, according to the officials of the Department, due to problems of server capacity where the software registration functions are, invasion by computer viruses, and lack of personnel.
Business leaders from all over Central America are preparing to take part in the Canton Fair, Asia's leading trade event.
Some 70 to 80 Central American companies are expected to visit the fair, which begins mid-October, according to María Vargas, of the Costa Rica Chamber of Foreign Trade (Crecex). The sectors to be represented include construction, furniture, textiles, medical equipment, pharmaceuticals and electronics.
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