Demands of Businessmen in Costa Rica

Facing a second round of elections scheduled for April 1, private sector unions are calling on the two candidates to present their economic proposals for reducing the uncertainty that currently weighs heavily on the business climate.

Tuesday, February 6, 2018

A solution to the fiscal problem, and options for reducing the cost of energy and other production costs that are affecting the country's competitiveness is what Costa Rican businessmen are asking of the candidates who will face a second round of elections on April 1. 

See also "Costa Rica Elections: Most Important Issues Not Discussed"

From the banking sector, Carlos Alvarado, from the Citizen Action Party (PAC) and Fabricio Alvarado, National Restoration (PRN), have been called on to put forward their proposals in the economic and fiscal field, to minimize the negative effects that political uncertainty is generating on business activities. María Isabel Cortés, executive director of the Costa Rican Banking Association (ABC), told Nacion.com that "... 'the complex political situation increases uncertainty and, therefore, investment decisions will be postponed.

For his part, Mario Montero, Executive Vice President of the Costa Rican Chamber of the Food Industry (CACIA), explained that   "... The sector wants to know if it will have ministers and directorates of organisms who manage trade with a protectionist vision, such as revealed in some concrete facts during the present administration, or if instead they will have a vision of facilitation of this type of commerce."

From a statement issued by the Costa Rican Chamber of the Food Industry (CACIA): 

- Move away from agricultural protectionism that is paralyzing or preventing imports of raw materials for agro-industrial processing. 

- Have a philosophy of customer service, especially the Ministry of Agriculture and Livestock (MAG) and the Ministry of Health, where private companies are helped to obtain requirements, attached to legality, science and international health standards and regulations; not as currently happens, where the employer is a regulated entity that must show that it is not a "potential delinquent".

- Send strong signals towards the facilitation of trade with our closest trading partners such as Central America and Panama; showing in its Government programs a commitment to trade facilitation and the elimination of technical barriers to trade, such as the nutrition labeling warning initiatives currently promoted by some regional entities. 

Read full release (in Spanish).

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