In the region there are nearly 4,000 retail points of sale of hardware products, 45% of which are concentrated in Guatemala and Costa Rica.
Analysis by the Business Intelligence Unit at CentralAmericaData yields interesting results about hardware stores function and where they are located in Central American countries.
The Costa Rican government will try a second time to renegotiate the terms of the free trade agreement with Canada to include services in the list of sectors with preferences.
The FTA was signed 12 years ago, therefore the government of Costa Rica considers it necessary to revise and update it with the idea of emulating the models of recent agreements made with Europe and other countries.
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.
The Countries consider that it is opportune to review the scope of the FTA in order to expand it into different areas.
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."
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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