Pacific Alliance Worries Industrial Sector in Costa Rica

The Chamber of Industry perceives an "unusual secrecy" in progress toward an agreement that may seriously compromise the competitiveness of the sector.  

Wednesday, February 12, 2014

The Chamber of Industries of Costa Rica (ICRC) has asked the Government to explain the scope of commitments made with the signing of the adherence to the Pacific Alliance.

From a press release issued by the Chamber of Industries of Costa Rica:

The Chamber of Industries of Costa Rica (ICRC) reacted with surprise upon learning through the national press of the signing of the Declaration on the Accession of Costa Rica to the Pacific Alliance.
For industrialists, it is of great interest to know the extent of adherence to this block, since many industrial companies have significant sensitivities with respect to certain member countries in the Pacific Alliance, which were discussed with the authorities of the Ministry of Foreign Trade during the recent processes of negotiating FTAs with Peru and Colombia.

Representatives from the industrial sector point out that on 22 October last year, a letter was sent to the office of the Minister of Foreign Trade, Anabel González, requesting explanations about this process, information which was denied and the letter was not even answered.

More on this topic

Costa Rica: Pacific Alliance Divides Entrepreneurs

March 2014

The retail sector is looking favorably on accession to the bloc, but the agricultural and food industries are opposed to it.

The lack of information about how membership has been negotiated and sensitivities presented by some sectors and products in comparison to their peers in the Pacific Alliance are part of the arguments used by agriculture and industry to oppose, at least under the current conditions, the incorporation of Costa Rica into the Alliance.

Costa Rica: Candidate Would Review Pacific Alliance Agreement

February 2014

The center-left candidate, Luis Guillermo Solís, would review the conditions to join the block if he wins on April 6th.

The presidential candidate of the Partido Acción Ciudadana, Luis Guillermo Solís, agrees with the industrial sector on the process of tariff reduction that Costa Rica would have to make in order to join the Pacific Alliance involves risks that should be considered carefully.

Pacific Alliance and Costa Rica

February 2014

Colombia, Peru, Chile and Mexico approved the inclusion of Costa Rica to the Partnership Framework Agreement, the first step towards total integration into the block.

From a press release issued by the Presidency of Costa Rica:

Under the VIII Summit of Heads of State of the Pacific Alliance, the President of the Republic, Laura Chinchilla Miranda, along with her counterparts in Colombia, Juan Manuel Santos Calderón, Chile, Sebastián Piñera Echenique, Mexico, Enrique Peña Nieto and Peru, Ollanta Humala Tasso signed a Declaration on the Accession of Costa Rica to the Pacific Alliance.

Food Sector in Costa Rica: NO to Pacific Alliance

January 2014

The Costa Rican food industry claims that with the zero tariff pretended by the Alliance members it will be impossible to compete.

The food sector in Costa Rica has expressed its concern that reducing tariffs down to 0% for those countries will seriously affect them.

"Peru, Chile, Colombia and Mexico want the trade between all nations to be under a zero percent tariff and we will never support this.

 close (x)

Receive more news about Industry

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones

Stock Indexes

(Apr 6)
Dow Jones
S&P 500


(Jan 21)
Brent Crude Oil
Coffee "C"