A dispute over the failure to implement tariff benefits on the part of El Salvador on tires and juices exported by Costa Rica has not been resolved using other methods.
The Costa Rican Minister of Foreign Trade, Anabel Gonzalez confirmed that on January 20th El Salvador will be taken to court for not applying the tariff benefits negotiated in the FTA between the U.S., Central America and the Dominican Republic on tires and juices.
The industry and commerce sectors in Costa Rica are reporting moderate growth at the end of the year.
The Costa Rican Chamber of Industries had projected growth of between 3.5% and 4%, but recent economic data (IMAE) which showed a slowdown in the economy, have changed the projection to only 2% growth, said Martha Castillo, vice President of the Chamber. On the positive side, the industrial sector stopped laying off workers this year, thereby changing a trend which had been in place since 2009.
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