HomeArchiveFree-Trade Agreement Negotiations Stagnate

Free-Trade Agreement Negotiations Stagnate

TEGUCIGALPA (AFP) – Negotiations for a free-trade agreement between El Salvador, Guatemala, Honduras, Nicaragua and Canada came to a stalemate at the last meeting in Ottawa on Friday, Honduran officials announced Wednesday.

“There were no important results in the last meeting, rather, it gave the impression it had stagnated,” said Honduran Chief Negotiator Melvin Redondo.

He described the last three years of talks as “poor” and said Canada took a rigid stance at the last meeting.

FOR example, the negotiator said, Canada demanded agricultural quotas similar to those that the Central American countries gave to the United States in the Central American Free-Trade Agreement (CAFTA). But Honduras established those quotas based on the demand from the Honduran market.

“If we gave Canada the same quota we would be hurting our national producers,”Redondo said.

Honduran Minister of Industry and Commerce, Norman García, said the Canadian proposal is “not attractive.”

“THE Canadians are practically saying: allow 80% of what we send there to enter free of tariffs and 20% of what you send will enter without tariffs,” García said.

The next meeting – the eleventh since negotiations began three years ago – will probably take place in June in Guatemala, Redondo said.

Costa Rica has had a free-trade agreement with Canada since 2002 and is the only Central American country to have one.

 

Trending Now

Your $1,000 Now Buys 46,810 Fewer Colones Than in January

The US dollar slipped again in Costa Rica this week, leaving anyone who earns in dollars and spends in colones with noticeably less buying...

Costa Rica Court Asked to Halt Shark Fishing Near Cocos Island

A Costa Rican environmental attorney has asked a court to temporarily prohibit the capture of several types of sharks in waters surrounding Cocos Island,...

Costa Rica Voted World’s Most Desirable Country by 250,000 Travelers

Costa Rica has been voted the most desirable country in the world by readers of British travel magazine Wanderlust, taking gold in the worldwide...

El Refugio Costa Ballena: Making a Difference for Animals and the Community

From rescuing animals in need to providing affordable spay/neuter surgeries and supporting community members’ loving pets, one local nonprofit is changing the lives of...

Peru’s Ignacio Buse Stuns Medvedev in Landmark Paris Masters Victory

Peru’s Ignacio Buse delivered one of the biggest upsets of the Paris Masters on Wednesday, defeating world No. 5 Daniil Medvedev 6-4, 6-4 to...

Costa Rica’s Creepiest Ghost Stories and Mysterious Legends

Every society has tales of terror that challenge our imaginations and our courage. Costa Rica has folk tales that include a priest who lost...

Weak Dollar Cuts Costa Rica Medical Tourism Revenue by Up to 15%

Costa Rica's private hospitals, clinics and medical offices are treating about as many foreign patients as they have in recent years, but they are...

Corcovado’s Sirena Station Is Back to 366 Visitors a Day. Who Decided?

Corcovado National Park has spent the past five months caught in a tug of war that has left many in the Osa Peninsula's conservation...

Costa Rica’s Tropical Depression Risk Fades but the Downpours Don’t

The low-pressure system off Central America's Pacific coast is now less likely to become a tropical depression, but that doesn't mean a dry weekend...
Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel