in Central America
Thursday, April 8, 2010
Three years after breaking relations with Taiwan, Costa Rica signed a Free Trade Agreement with China.
It is Costa Rica’s second trade agreement with an Asian country; earlier this week it signed its first with Singapore.
Both countries hope to enact the treaty in the second half of 2010.
Despite the “Free Trade” nature of the agreement, some sectors will still be protected by special safeguards, such as plastics and mechanics.
Tuesday, September 8, 2009
China has an adamant stand against the entry of Costa Rican sugar to its market, in the negotiations for the Free Trade Agreement.
Although this may not completely exclude the product from the treaty, it might complicate the negotiation, said Marco Ruiz, Costa Rican Trade Minister.
"From the beginning, Costa Rica wanted the entrance of this product, together with others like coffee and processed juices", reported newspaper La Prensa Libre.