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

Brandon Nakashima Wins First UTS Tournament in South America

Brandon Nakashima claimed the title at the Ultimate Tennis Showdown’s first tournament in South America, defeating 17-year-old Brazilian Guto Miguel in a tightly contested...

San José Official Resigns After Nightlife Rules Are Halted

A senior San José municipal official who helped develop controversial new rules for bars, restaurants and live entertainment has resigned, days after the city...

Windy Start to the Week in Costa Rica With Heavier Rain Coming Tuesday

If you're planning your week around the weather, it's going to be windy and humid today but the real rain shows up Tuesday, and...

Costa Rica Bridge to Manuel Antonio Faces “Imminent Failure” Warning

A bridge on the main car route toward one of Costa Rica's most-visited places has been flagged as at risk of collapse, according to...

More Than 2,100 Dead People Found in Costa Rica Social Aid Records

The Costa Rican institution that channels lottery profits into a fifth of the country's social protection spending did not report a single one of...

Costa Rica Nature Hotel Earns Tripadvisor Travelers’ Choice Award

A hotel and private nature reserve in Costa Rica’s northern lowlands has received a 2026 Tripadvisor Travelers’ Choice Award, placing it among the top...

Costa Rica Flooding Closes 267 Schools as Sarapiquí Evacuations Climb

If you live in Sarapiquí, Guápiles, Siquirres or the South Caribbean, today is not going to be a normal Friday. Schools are closed. Route...

Costa Rica Plans Integrated Train and Bus Network to Ease Traffic Congestion

Costa Rica's national railway institute is pushing to link the country's trains, buses, and taxis into a single coordinated network, a plan its backers...

Costa Rica’s President Says She Faces Nine Threats, One Involving a Sniper

President Laura Fernández said yesterday that she has received information about roughly nine alleged plans to attack her, including one she described as involving...
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