Costa Rica and Canada to Broaden FTA

Both countries will study broadening their FTA to include telecommunications and insurance.

Tuesday, December 15, 2009

The Free Trade Agreement(FTA) signed in 2002 didn't foresee the opening of the telecomm and insurance markets in Costa Rica.

Michaëlle Jean, Canada's General Governor, remarked that "both countries will also study the possibility of establishing direct flights, as a way to foster the arrival of Canadian tourists to Costa Rica. The 10.000 Canadians who visit the country each year must make aerial connections through other countries...".

¿Busca soluciones de inteligencia comercial para su empresa?



More on this topic

Deadlocks in Renegotiation of Costa Rica-Canada FTA

October 2013

Although both parties have expressed interest in renewing the agreement negotiations have been stalled since May.  

The parties have opposing positions and this led to the current situation where no agreement has been reached. The renegotiations were started in late 2011, as the treaty did not include modern standards regarding services and conflict resolution.

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.

ok