Costa Rica and Canada to Review FTA

The Countries consider that it is opportune to review the scope of the FTA in order to expand it into different areas.

Friday, June 5, 2009

Issues such as market services, new product exchanges and investment will be analyzed, looking to improve and expand the offerings available.

Karina Alpízar Corella reported statements by Canadian Chancellor, Peter Kent: "Canadian companies take pains to invest in projects that promote social development, are in sync with the environment and that especially follow the legal framework and guidelines of each country. The Chancellor said that his country has increased investment to such an extent that there are about $100 million on the American continent and our country is no exception. Specifically, the Canadian firm Cambior Project and Construction Group are working hand in hand with Industrias Infinito SA. They are working in Las Crucitas mining project with an investment of about $50 million."

More on this topic

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.

Required Improvements to the Costa Rica - Canada FTA

February 2012

The elimination of nontariff barriers is the main request being made by Costa Rican businessmen negotiating updates to the trade agreement.

Although access to the Canadian market is wide open, Costa Rican exporters are still facing many non-tariff related barriers. These obstacles are related to technical, phytosanitary and sanitary issues, labeling, origin of primary products, etc.

Turkey and Costa Rica Considering FTA

November 2009

Both countries will analyze if it’s feasible to sign a Free Trade Agreement.

Abdullah Gül, Turkish Prime Minister, became interested in the Association Agreement being negotiated between Costa Rica and the European Union. Turkey is currently in the process of joining the European block.

Canada seeks to do more business with Costa Rica

June 2008

Six years after having signed a free trade agreement with Costa Rica, Canada continues to show strong interest in increasing commercial ties.

The demand for products such as pineapple, bananas, organic products and flowers has been growing in Canada.
The Canadian supermarket chain Loblaws is one of the companies interested in introducing a broader range of Costa Rican products into its stores.

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