International Commerce trade Exports & imports Ministerio de Comercio Exterior de Costa Rica partnership ratificaction trade agreement Anabel González Campabadal Association Agreement between Europe and Central America Exports to Europe Free trade AACUE implications Free Trade Agreement exports Consejo de la Unión Europea

Costa Rica: EU Agreement in Effect From October

The Council of the European Union has approved Costa Rica's entry into the Association Agreement between Central America and the European Union.

Friday, September 27, 2013

From a press release by the Ministry of Foreign Trade (Comex):

The European Union Council today unanimously approved Costa Rica's entry into the Association Agreement between Central America and the European Union (CAAA). With this decision, the agreement will come into effect for our country starting on October 1.

"After several months of intense political efforts by the Ministry of Foreign Trade and its Mission in Brussels, we have successfully completed this process. Today's decision by the EU Council also confirms Italy's support for the entry into force of the agreement on Tuesday.

The application of the AACUE completes an important goal of our trade policy to open new trade and investment opportunities for the productive sectors of our country," said the Minister of Foreign Trade in Costa Rica, Anabel Gonzalez.

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Key entities

Ministerio de Comercio Exterior de Costa Rica Consejo de la Unión Europea Anabel González Campabadal

Countries

Costa Rica European Union

Insight

trade Association Agreement between Europe and Central America ratificaction trade agreement partnership Free trade Free Trade Agreement AACUE implications Exports to Europe exports International Commerce

Guatemala: EU Agreement Will Be Effective starting December 1st

November 2013

The Council of the European Union has approved Guatemala's application to the trade pillar of the Association Agreement with Central America.

From a press release by the Government of Panama:

The Council of the European Union met today at its headquarters in Brussels, Belgium, and confirmed the implementation of the Trade pillar of the Association Agreement between this institution and Guatemala starting December 1st.

Costa Rica Could Enter AA with EU in October

September 2013

The Trade Policy Committee of the Council of the European Union has recommended the entry into force of the agreement with Costa Rica on 1st of October.

From a press release by the Ministry of Foreign Trade (Comex):

The Trade Policy Committee of the Council of the European Union, composed of the appropriate Ministries of the Member States agreed today to recommend the entry into force for Costa Rica of the Association Agreement between Central America and the European Union (CAAA). The decision is an important step towards achieving the enforcement of this agreement from October 1.

Costa Rica Ratifies Association Agreement with the EU

July 2013

The Costa Rican Congress has finally approved the Association Agreement between Central America and the European Union, which will take effect on August 1.

From a press release issued by the Ministry of Foreign Trade of Costa Rica (COMEX):

The Legislature has approved on its second reading the Association Agreement between Central America and the European Union (CAAA), which seeks to boost trade relations between Central America and the old continent, by improving the business climate, creating new opportunities for trade, investment and employment and strengthening institutions in the region.

Obstacles to European Agreement in Costa Rica

April 2013

The establishment of a new tax at Costa Rican boarders on people and goods has halted approval of the Association Agreement with the European Union.

A new tax of $5 per person passing the through border posts and $25 for each bill of goods moved through customs, has been rejected by congressmen who oppose the approval speed of the association agreement (AACUE by its initials in Spanish).