The FTA was signed 12 years ago, therefore the government of Costa Rica considers it necessary to revise and update it with the idea of ​​emulating the models of recent agreements made with Europe and other countries.

The Minister of Foreign Trade, Alexander Mora told Crhoy.com that "... The service sector is not included, therefore a process of change is necessary, although there are no dates. For this reason the aim is to consult internally in the country, with the productive sector, and then address the issue in Canada. "

Mora added that "... The agreement is limited in scope and these treaties should change as time passes. He added that their North American peers recognize the need. "

Source: Crhoy.com

More on this topic

Costa Rica and Canada FTA Enters its Final Stage

September 2012

Last week concluded the V round of the modernization process of the Free Trade Agreement between Costa Rica and Canada.

A press release from the Ministry of Foreign Trade of Costa Rica reads:

Modernization of Costa Rica and Canada FTA enters its final stage.

San Jose, September 3, 2012.

Costa Rica and Canada Continue Trade Negotiations

June 2012

The countries have begun the fourth round of negotiations in the modernization of the existing free trade agreement between the two countries.

From a press release from the Costa Rican Ministry of Foreign Trade:

San Jose, June 11, 2012. Costa Rica and Canada began today in San Jose, the fourth round of negotiations in the modernization of the existing free trade agreement between the two countries.

Second Meeting to Update Costa Rica – Canada FTA

February 2012

Technical teams from Costa Rica and Canada will start the second round of negotiations this week in order to upgrade the FTA which has been in place since 2002.

Costa Rica hopes to negotiate an agreement to allow non-discriminatory access to the Canadian market to Costa Rican service providers. It also seeks the elimination of tariffs on digital products transmitted electronically.

Costa Rica and Canada to Update FTA

August 2010

By the end of the year the countries are scheduled to meet in order to include services, intellectual property and public sector contracts in their Free Trade Agreement (FTA).

These topics are not included in the current FTA negotiated in 1999 and in force until 2002 but are part of the DR-CAFTA.