A Pause in the Hunt for Trade Agreements

Costa Rica business associations are calling for better management of the free trade agreements that have already been signed, stopping the search for others.

Monday, August 27, 2012

According to the Costa Rican Chamber of the Food Industry (Cacia), first existing agreements should be better managed before searching for new ones.
Meanwhile, the Chamber of Industries of Costa Rica (ICRC) has seen exports to several countries where there are free trade agreements (FTAs) decrease.
"What is the great benefit that the treaties represent?" asked Juan Ramon Rivera, president of the ICRC. "Wouldn’t it be more intelligent, he added, to try to take advantage of the ones that we have already signed rather than roaming the world signing treaties that, really, are not positively impacting how much we export?"reported Nacion.com

In the view of the Minister for Foreign Trade, Anabel Gonzalez, the FTAs with China, Chile and Canada accounted for increases of up to 74% on exports, as in the case of shipments to China.

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