Costa Rica – China CAFTA

The International Affairs Committee has approved the FTA with China, it is now being sent to the legislative branch.

Friday, October 8, 2010

If approved in Congress it would be the ninth Free Trade Agreement the country has signed.

Current treaties are with the United States, Canada, CARICOM, Chile, Mexico, Dominican Republic and Panama. Under negotiations are AACUE, China, Singapore and Peru. (According to the Ministry of Foreign Trade). states, "The plan is supports by all business chambers in the country, with the exception of the Chamber of Industries, which is concerned by the size of the Chinese market."

More on this topic

Costa Rica Approves FTA with China

June 2011

A year after the initiation of negotiations, the treaty is ready for implementation.

32 representatives voted for the adoption of the free trade agreement with China, through which 99.6% of Costa Rican exports will enter China duty free.

Some of the products that will have this advantage are: frozen orange juice, tilapia, shrimp, flowers, plants, cacao, cassava, paints, chocolates, hearts of palm, rum and leather.

Costa Rica and China Ink FTA

April 2010

Three years after breaking relations with Taiwan, Costa Rica signed a Free Trade Agreement with China.

It is Costa Rica’s second trade agreement with an Asian country; earlier this week it signed its first with Singapore.

Both countries hope to enact the treaty in the second half of 2010.

Costa Rican Meat Requests Access to China

November 2009

This was announced in the fifth negotiation round for a Free Trade Agreement between both countries.

Costa Rica's negotiators requested immediate, tariff free entrance for chicken, beef and pork.

Fernando Ocampo, Costa Rican chief negotiator, remarked that "... getting access to China for our meats will be difficult, but we will insist.

Costa Rica: Few Exclusions in China FTA

September 2009

The country would request excluding products from the Free Trade Agreement only in very justifiable cases.

Local industrialists requested to exclude products which already have no tariff and are not produced in the country. In response, Commerce Minister Marco Vinicio Ruiz argued that it's very complicated to explain the Chinese as to why such exclusions.

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