No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rican Business Owners Prepare for Mission to China

Costa Rican Business Owners Prepare for Mission to China

Dozens of Costa Rican business owners participated in a seminar this week to prepare them for a commercial mission to China in October.

Chinese Ambassador Wang Xiaoyuan attended the activity Tuesday and urged business leaders to get to know the Chinese market, which he says has “opportunities for all products,” especially near the country’s coastline, where there are higher percapita incomes.

Costa Rica and China established diplomatic relations June 1 (TT, June 8), a move President Oscar Arias has said was partly aimed at increasing trade with this Asian giant.

Another factor in increasing commerce with China is carrying out “good promotion so that consumers get to know Costa Rican products and accept them,” he said.

He added it is fundamental to “cultivate a relationship of friendship and trust between businessmen from both sides.”

Sergio Navas, vice-president of the Chamber of Exporters (CADEXCO), said exporting goods to China is a difficult challenge and that the chamber will step up its efforts to support local businesses.

Although the Chinese market will not be open to the entire range of Costa Rican products, there are opportunities for products such as coffee, banana and pineapple, Xiaouyuan said.

Also, because of its geographic positioning, Costa Rica is an attractive destination for Chinese investors who aim to sell their products to the rest of the world.

China is the second largest trading partner with Costa Rica; last year, it exported $1 billion worth of goods to China and imported $600 million from that country.

 

Trending Now

Panama to Begin Resettlements for Indio River Reservoir Next Year

The public agency that operates the waterway plans to build a 4,600-hectare reservoir on the Indio River, west of the existing route, to store...

500 Prisoners Die in El Salvador Custody During Bukele Anti-Gang Crackdown

A Salvadoran human rights organization says at least 500 people have died in state custody since President Nayib Bukele launched his anti-gang offensive four...

El Salvador Rescues 16 Ecuadorian Fishermen Lost in Pacific Waters

El Salvador’s Navy rescued 16 Ecuadorians whose vessel caught fire a week ago in Pacific waters near the Galápagos archipelago, Ecuador’s Navy reported. The...

Maduro Son Calls Charges Unlikely to Be Dropped in U.S. Drug Case

Nicolás Maduro’s son said that he trusts the U.S. legal system even as he called the case against his father tainted by what he...

Nicaragua Celebrates Semana Santa with Unique Religious Traditions

Nicaragua is marking Holy Week with a mix of religious devotion, family travel and local customs that give Semana Santa in the country a...

Costa Rica Road Death Rate Up to Five Times Higher Than Europe

Costa Rica’s road death rate is running up to five times higher than that of some Western European countries, a gap that road safety...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica