IV Round FTA China - Costa Rica in September

In this negotiation round, the key topic is market access for products considered "sensitive".

Monday, August 31, 2009

In Beijing, from September 7th to 11th, negotiating teams from both countries will discuss special tariffs for specific products. It has already been agreed that 90% of the products will enter both markets tariff-free.

"Costa Rica has special interest in sugar, meat, coffee, beer, sauces and pasta, among others", reports Nacion.com.

More on this topic

New Round in Costa Rica - China FTA

December 2009

Six negotiation rounds have already taken place, and the last one has been scheduled for February 2010.

Marco Vinicio Ruiz, Commerce Minister, explained that this administration wants to conclude the process before the end of President Oscar Arias' term on May 2010.

From Elsalvador.com: "'After the next round, the following step is the legal revision of the treaty, in order to sign it on March.

China Demands Better FTA Offer

June 2009

Costa Rica is offering to free a 70% of all tariffs while China demands an offer similar to theirs, which is 95%.

The new offer from Costa Rica does not include the most sensitive products for China. Likewise, the proposal from the Asian country does not include the products of greatest interest to Costa Rica, like sugar, meats, and coffee. However, China does offer an opening of 94.5% of the tariff lines.

Costa Rica Seeks Protection Mechanism in FTA with China

April 2009

Costa Rica is demanding a mechanism from China that will allow increased tariffs on a product when national activity is threatened.

Fernando Ocampo, chief negotiator for Costa Rica, told nacion.com about the characteristics of the mechanism: "It is a special volume safeguard that can be activated each year when imports from China exceed a certain volume.

Costa Rica seeks FTA with China

November 2008

The Minister of Foreign Trade is ready to negotiate an FTA with China as of the first quarter of 2009.

The Presidents of both countries will make the decision to negotiate the agreement when they meet next Monday in San Jose.

The Foreign Trade Minister, Marco Vinicio Ruiz, told the press on Monday during a seminar that "the Ministry has sufficient arguments on the need to negotiate an FTA with China and they're all positive"

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