Between 2 and 5 years will pass until the Association Agreement with Europe enters into force, but Costa Rican exporters are already studying how to compete in that market.
Being more and more competitive seems to be the basic recipe to effectively compete in the EU’s 500 million person market.
Costa Rican businessmen are already seeking the necessary tools to achieve this indispensable increase in competitiveness: advice and training in how to export to Europe, business networking and adapting their goods to Europe’s demands and preferences.
Costa Rica exporters still have a lot of work to do in order to benefit from the FTA, despite the fact that since January 1st their products can enter the US with zero tariff.
A study on the exploitation of the CAFTA-DR that was published in the El Financiero weekly from Costa Rica points out that "six years after waiting for CAFTA, the tuna, textiles and ethanol sectors, which will benefit immediately from the agreement, will see the results little by little.
The Rincon Grande textile company announced yesterday that it will close its operations plant in the district of Grecia before the end of the year.
Rodolfo Molina, owner of the company and president of the Textile Chamber of Costa Rica (Cateco), said that the decision was taken due to the delays in approving and starting the FTA with the US, the Isthmus and the Dominican Republic.
Industrias Gabriela is a non-woven textile manufacturing company located in Tegucigalpa, Honduras, Central America.
Operates in Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama
Phone: (504) 229-0072
Our mission is to help you in the process of sourcing your trims and notions for your Full Package programs or your CMT Contracts. And be your local supplier for those trims and notions needed in your programs.
Operates in Nicaragua, Honduras, Guatemala and El Salvador
Phone: (504) 617-0591 - (504) 6170592