Costa Rica Still Analyzing Entry into Pacific Alliance

The government is waiting for more technical studies and analyzing the effects it would have on local production if entry of goods and services from Chile, Peru, Mexico and Colombia were fully liberalized .

Wednesday, June 17, 2015

Although the previous Chinchilla administration had taken firm steps to join the trade bloc, the current President Solis, has cooled down the process, which in order to continue must wait for the Ministry of Foreign Trade to complete further studies on commercial sensitivity, and later present them for public consultation.

See "Costa Rica: yes, no, to the Pacific Alliance ."

Although the conclusions of these studies are not yet known, an article in Nacion.com notes that the minister of foreign trade, Alexander Mora said last month that for the moment a lower level of commercial sensitivity has been detected than initially thought.

It seems that the interest that had been shown by the Chinchilla administration in achieving early access to the trade bloc, even without the full support of the business sector, has been declining under the government of Luis Guillermo Solis.

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