Costa Rica aims to be regional beachhead for Chinese business

Costa Rica aims to become a regional center of operations for Chinese companies.

Tuesday, May 13, 2008

Costa Rica is the only Central American country to have diplomatic relations with Beijing, but that advantage could be lost soon. So, officials are pressing hard to persuade Chinese investors that Costa Rica is the ideal base for their Central and Latin American operations.
Meetings are being programmed and a campaign is being launched to raise Costa Rica's image among the Chinese business community.

More on this topic

Costa Rica - China Business Summit

March 2011

The summit, which attracted about 200 businessmen from both countries, seeks to cement trade relations.

Business appointments are made based on interests presented by Chinese entrepreneurs in sectors such as industry, food, construction, technology and meat.

Additionally, the conference promotes Costa Rican exports with 11 booths which allow attendees to taste products such as palm and coffee liqueur.

The potential trade from a FTA between Costa Rica and China.

November 2008

The visit of president Hu Jintao to Costa Rica will strengthen the commercial ties with China, which are vital for increasing Costa Rica's presence in Asian markets.

Costa Rican minister of Foreign Affairs, Marco Vinicio Ruiz, says that there is a great potentional for growth in the commercial relation with China which will increase with the eventual negotiation of a Free Trade Agreement (FTA).

Costa Rican industrial leaders question FTA with China

November 2008

The Costa Rican Chamber of Industry warned that they have grave doubts with regard to the FTA with China saying it would be preferable to enter into a partial agreement.

Juan Maria Gonzalez, President of the Chamber indicated that China's interest in Costa Rica is not commercial, but rather geopolitical and that when these two plans mix results are not good.

Costa Rica sets long-term goal of boosting trade with Andes

April 2008

Costa Rica is looking to hold trade negotiations in the future with Peru and Colombia, Trade Minister Marco Vinicio Ruiz said. But first the United States will have to ratify its free trade accord with Colombia, he added.

Once trade agreements are in place between the US and Peru and Colombia, Costa Rica will seek to benefit from common rules of origin.

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