How to Leverage Costa Rica-Colombia FTA

Through trade missions, market mapping, seminars and conventions the union of exporters in Costa Rica intends to take better advantage of business opportunities offered by Colombia.

Wednesday, August 31, 2016

In 2015 Colombia spent $75 million on the purchase of goods and services in Costa Rica, establishing itself as the main market, above Brazil, Ecuador and Chile, from where Colombia imported $51.9 million, $44 million and $37 million respectively. reports that "...As part of the promotional activities of the FTA, PROCOMER presented a mapping of the Colombian market, where it concludes that the food industry has the most options in that country, followed by the pharmaceutical chemical and electrical and electronics industries.  Sweet biscuits, sauces and preparations, bread, energy drinks, candies and chocolates, and frozen fish are also among those with potential, although their tariffs will be eliminated in installments from five to 15 years. "

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Food Industry Opposes FTA with Colombia

August 2013

The Costa Rican Chamber of Food Industry believes that the trade agreement could pose a threat to Costa Rican production.

From a press release by the Costa Rican Chamber of Food Industry (CACIA):

In a letter addressed to the members of the Committee for International Relations and Foreign Trade, the Costa Rican Chamber of Food Industry, CACIA, once again was vehement in its opposition to the possible approval of the FTA with Colombia, by the Legislative Assembly .

Fourth Round of Costa Rica-Colombia FTA

February 2013

Against a backdrop of strong opposition from various business sectors in Costa Rica, the negotiations have focused on market access, services, investment and rules of origin. reports that "The project for signing a trade agreement with Colombia still hasnt won over the domestic private sector, which criticizes the protectionist measures that the country has and demands exclusion for some sectors."

Discussion Grows Over Colombia - Costa Rica FTA

September 2012

While Costa Rican business chambers are aligned against the Free Trade Agreement with Colombia, some individual firms want it.

An article in reports that "Several companies expressed in the consultations for the negotiation of the Free Trade Agreement (FTA) with Colombia their individual request to open up this market, but their viewpoint is opposed by the entire sector to which they belong.

Consultations for Costa Rica – Colombia FTA

June 2012

Between 2 and 9 July, the Ministry of Foreign Trade of Costa Rica will be consulting different sectors who have already expressed their opposition to the move.

Representatives from businesses and industrial food sectors announced their stiff resistance to negotiations on a free trade agreement whose first round begins July 30 in Colombia, revealing that they will request the exclusion of various products from the agreement.

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