No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFirst Round of E.U. Talks Conclude

First Round of E.U. Talks Conclude

The first round of negotiations over an association agreement between the European Union and Central America ended with some parameters set and some cash promised for Costa Rican projects.

Toward the end of the negotiations, the European Union announced aid to Costa Rica of about $48.7 million. The money is to be spread out over the next six years to promote social development and regional integration.

The amount was fixed Oct. 25 in an accord signed by Costa Rica’s acting Foreign Minister Edgar Ugalde and Joao Aguiar, deputy director general for external relations at the European Commission and leader of the E.U. side of the negotiation table.

“There’s no doubt that Costa Rica is the Central American country with which the European Union has most in common,” Aguiar said.

About $36.5 million of the grant will go toward reducing poverty and inequality through investments in health care, education, employment programs and the environment, Aguiar said.

The remaining $12.2 million will help Costa Rica integrate into the Central American Customs Union while still remaining competitive. Aguiar said the European Union would review the fruits of its donation in 2010.

Costa Rica is receiving less money from the European Union than any of its regional neighbors. During the same period, 2007-2013, the European Union will donate $54.4 million to Panama, $173.3 million to El Salvador, $193.4 million to Guatemala, $210.6 million to Honduras and $306.5 million to Nicaragua.

Aguiar said the donations reflected the varying needs for aid.

“The fact that Costa Rica is receiving less is not a reason to be sad,” he said. “It’s a reason to be glad.”

Negotiators hit a small rough spot toward the end of the meetings when the Europeans declared they want to negotiate starting with World Trade Organization (WTO) standards as the baseline, rather than the trade preferences Central America is granted under the Generalised System of Preferences (GSP) Plus program.

Aguiar defended the position saying it is the only legal option the European Union has.

“Does that mean that current tariffs are going to have to go up? No. One thing is the contractual legal mechanism, another what the European Union applies today and what it intends to keep applying, GSP Plus,” Aguiar said, according to daily La República.

Head negotiator for Central America, Costa Rican Roberto Echandi, for his part, commented that the end point is more important than the start point.

The next round of talks will take place in Brussels this February. Negotiators decided to change the date from December to give time for both sides to exchange more detailed information in preparation for the negotiations.

 

Trending Now

Costa Rica Approves New Rules for Nighttime Ambulance Flights

Costa Rica has approved a national protocol governing nighttime air ambulance flights, closing out roughly ten months of uncertainty that began when Civil Aviation...

Costa Rica Studies Monorail or Tram for Main Airport

Costa Rican transportation officials are looking for European funding to study a public transit connection between Juan Santamaría International Airport and the planned electric...

Playa Blanca Parking Lot Closes Amid Costa Rica Beach Access Dispute

Those heading to Playa Blanca at Punta Leona will face another change in how they reach one of Costa Rica's most popular Central Pacific...

Gunmen Storm Costa Rica Hospital and Kill Patient in Nicoya

Two masked gunmen forced their way into a public hospital in Guanacaste early Saturday and shot a patient to death as he lay on...

Costa Rica Faces Months of Drought as El Niño Intensifies

Costa Rica doesn't take direct hurricane hits often, but this year's El Niño is playing out with the same shape as one, tracked for...

Strange Balloon-Like Object Spotted Over Costa Rica

A mysterious white object seen high above several parts of Costa Rica over the weekend triggered a new round of speculation online, with residents...

Renting Versus Buying in Costa Rica and How to Decide

One longtime foreign resident of Costa Rica could buy a house or a condominium outright tomorrow. He has the cash, he has been here...

Where Fixed Internet Still Does Not Reach in Costa Rica

Nearly three in ten Costa Rican households have no fixed internet, and the gap sits in the rural and coastal areas that show up most often on relocation shortlists.

Costa Rica’s Route 32 Reopens After Landslide Cleanup

Update, Friday, August 7: Route 32 is open again. You can drive between the Central Valley and Limón normally. The detours below are no...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

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