The region achieved an important result, as industrial goods will be able to enter Europe without paying tariffs.
Costa Rica’s trade ministry (Comex) believes this will make investors feel safer.
“Roberto Echandi, chief negotiator for Costa Rica, informed the Europeans liked another proposal by the region to include a special safeguard for these products. It would automatically increase prices if there are massive imports a particular good”, reported Nacion.com.
The European Commission has an Export Helpdesk in Internet that provides you with all the information that exporters need for trouble-free sales to Europe. And it's all free of charge!
As well as high-value information on Customs codes, tariffs, trade statistics, and all the necessary paperwork, the portal has links to a virtual market where exporters can make offers and importers list their requirements.
Exports in March 2009 increased by $7.765 million when compared with the month of February.
According to data from the Center for Exports, areca palm and tilapia skin had a considerable rebound.
Aminta Peralta, who is in charge of the department of statistics of the Ministry of Industry and Commerce, SIC, told Laprensa.hn: "Sugar grew by 99%, iron by 60%, pineapple by 34% and coffee by 10%. Despite the economic crisis facing the world, exporting clothing to Europe added 1.27% over last month."
The cause was the rejection of the Nicaraguan demand for 60 billion Euros in cooperation for the region by European negotiators.
While the news has not been officially confirmed, the Nicaraguan negotiators have already withdrawn from the Intercontinental Hotel, the venue of the talks. How the process will continue is also not known since Europe has insisted from the outset on the need to negotiate as a bloc.
Central American trade and economy ministers will meet with the European trade commissioner, Peter Mandelson, on May 15 in Peru, for talks on progress toward a trade association.
One of the main items on the agenda will be the subsidies that Europe grants to its farmers.
The meeting will be held on the eve of the Fifth European Union-Latin American and Caribbean Summit, which is being hosted in Lima.