EU-CAAA: Effect on Costa Rica

Between 2 and 5 years will pass until the Association Agreement with Europe enters into force, but Costa Rican exporters are already studying how to compete in that market.

Tuesday, May 25, 2010

Being more and more competitive seems to be the basic recipe to effectively compete in the EU’s 500 million person market.

Costa Rican businessmen are already seeking the necessary tools to achieve this indispensable increase in competitiveness: advice and training in how to export to Europe, business networking and adapting their goods to Europe’s demands and preferences.

An article by Elfinancierocr.com analyzes the effects of EU-CAAA on various exporting industries: coffee, rice, textiles, bananas, pineapple, beef, tuna, plastics, sugar and fruit juices. It lists the main actions being undertaken in each sector.



More on this topic

Guatemala and Harnessing the Europe Agreement

January 2014

The elimination of tariffs on agricultural products and flexible rules of origin for products such as tuna, textiles and plastics are part of the changes incorporated in the Agreement.

The Minister of Economy, Sergio de la Torre said that in the next few years Guatemala's exports to Europe could be doubled, as has happened with the other trade agreements that the Central American nation has signed.

Costa Rica: EU Agreement in Effect From October

September 2013

The Council of the European Union has approved Costa Rica's entry into the Association Agreement between Central America and the European Union.

From a press release by the Ministry of Foreign Trade (Comex):

The European Union Council today unanimously approved Costa Rica's entry into the Association Agreement between Central America and the European Union (CAAA).

Costa Rica Could Enter AA with EU in October

September 2013

The Trade Policy Committee of the Council of the European Union has recommended the entry into force of the agreement with Costa Rica on 1st of October.

From a press release by the Ministry of Foreign Trade (Comex):

The Trade Policy Committee of the Council of the European Union, composed of the appropriate Ministries of the Member States agreed today to recommend the entry into force for Costa Rica of the Association Agreement between Central America and the European Union (CAAA). The decision is an important step towards achieving the enforcement of this agreement from October 1.

Costa Rica Agriculture Foresses Crisis Without EU Agreement

May 2013

In the absence of ratification of the Agreement, the agricultural sector sees its 2013 and 2014 harvests in danger, as European buyers are already negotiating with other Central American countries.

Alvaro Saenz, president of the National Chamber of Agriculture and Agribusiness (CNAA), said the delay in the approval of the CAAA compromises the sector since on June 15 Europe will announce which countries will enter into the first block of the trade agreement to set export quotas.

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