Singapore Requests More Market Access to Costa RicaFriday, September 4, 2009 The Asian country is conditioning a non triangulation agreement requested by Costa Rica to larger market access for its products. Costa Rica had initially offered tax free entry for 90% of the products. Costa Rica to start consultations on FTA with ChinaFriday, November 21, 2008 The Ministry of Foreign Trade started the public consultation process on the FTA with China with the various sectors of the Costa Rican society. The first round of negotiation of the bilateral agreement will begin on January 19 in Costa Rica. New Round in Costa Rica - China FTAMonday, December 14, 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. IV Round FTA China - Costa Rica in SeptemberMonday, August 31, 2009 In this negotiation round, the key topic is market access for products considered "sensitive". 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. Pressure grows to ratify Costa Rica-Panama free tradeFriday, July 25, 2008 It's been eleven months since the Free Trade Agreement betwen Costa Rica and Panama was signed, and now Costa Rica's business community is pressuring the Legislative Assembly to ratify it. The agreement was signed Aug. 7, 2007 and is now being pondered by the Commission for International Affairs of the Legislative Assembly. Costa Rica approves FTA with PanamaWednesday, October 15, 2008 The full session of Congress unanimously approved the Free Trade Agreement (FTA) with Panama yesterday after the second reading and debate. In order for the project to become law it must first be signed the president of the Republic, Oscar Arias, and published in the government Gazette. The commercial agreement provides an immediate opening and tax exemption for 92% of the 1500 products and services that Costa Rica offers to the Panamanian market.. Industry Toughens Posture on China FTAWednesday, November 18, 2009 The Costa Rican Chamber of Industries is demanding to know the list of products for which China wants tariff reductions. This list includes plastic, metal mechanics, graphics and tires. These products would be directly affected by Chinese imports. Costa Rica: Few Exclusions in China FTAFriday, September 11, 2009 The country would request excluding products from the Free Trade Agreement only in very justifiable cases. Local industrialists requested to exclude products which already have no tariff and are not produced in the country. In response, Commerce Minister Marco Vinicio Ruiz argued that it's very complicated to explain the Chinese as to why such exclusions. Costa Rica seeks FTA with ChinaTuesday, November 11, 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. Costa Rica fine tunes commercial strategy for AsiaWednesday, December 17, 2008 The strategy for entering the Asian market will start in 2009 with the negotiation of FTAs with China and Singapore, with the expectation of completing them before Mayo 2010. "The first round with China will be held on January 19, and will be an important investment opportunity, while with Singapore it will be a parallel process with a partner that could draw us closer to other countries in the region, such as Malaysia and Thailand," indicated the Minister of Foreign Trade, Marco Vinicio Ruiz. Costa Rica prepares for market in ChinaThursday, January 22, 2009 The Foreign Trade Promoter presented its strategy to strengthen the image of the country, business processes, to make contacts, and strengthen exports. ElFinancierocr.com report that "Cinthya Arias, a commercial analyst at Procomer, explained that after the visit of a team to China, they identified three important tendencies in the Chinese market. The Chinese community is assimilating western consumer habits more and more, which is translating into a new emerging lifestyle which offers..." Costa Rica: Banks Take Advantage of FTA with ChinaFriday, June 17, 2011 Two state banks are trying to take advantage of new trade relations between Costa Rica and China. Banco de Costa Rica and Banco Nacional, two of the largest banking institutions in the country are reviewing their strategies to incorporate specific services to companies wishing to export to China. Canada seeks to do more business with Costa RicaFriday, June 27, 2008 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. Fourth Round of China - Costa Rica FTA BeginsMonday, September 7, 2009 Costa Rica will request greater access for 'special interest' products like meat, sugar and coffee. Accordingly, it will ask China to define what 'special interest' products it will include in the negotiation. Position of Costa Rican Chambers on FTA with PeruTuesday, May 10, 2011 The chambers of agriculture, industry and exporters consider the results of the FTA negotiations with Peru positive. For its part, the Costa Rican Chamber of Food Industry (CACIA) in a press release reaffirmed "its cautious position regarding free trade agreements, because many still think it prudent to observe how they move forward on issues that are closely related to the trade administration . |
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