To lower the costs of their supplies, businesses in the Free Port zones of Costa Rica are expanding the productive chain to include local suppliers.
Nor the uncertainty of the status of the Free Port Zone Law, which is stuck in Congress, nor the impact of the global crisis that has caused exports at Costa Rican free port zones to fall 16% in the first quarter of 2009 have reduced the determination of these businesses. Furthermore, they have found a very good way to decrease costs by including local businesses in the chain of production.
Various economic sectors of Costa Rica are working to obtain preferential consideration in the Free Trade Agreement with China.
As an example, Florida Ice & Farm, which is already exporting its Imperial beer to the Asian country free of tariffs, wants that this preference to be consolidated into the Free Trade Agreement. Other sectors that have already eyed their position on the matter are sugar, ethanol, pasta, leather, meat, and fruit juice.
To create greater prosperity in emerging markets by harnessing the power of private enterprise solutions to poverty.
Operates in Costa Rica, Guatemala, Honduras, Nicaragua and Panama
Phone: (1-617) 209-7506