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’s CCSS Board Paralysis Leaves Health Decisions in Limbo

The board of directors of the Caja Costarricense de Seguro Social (CCSS), the institution that runs Costa Rica's public health and pension systems, has...

Costa Rica’s First Fogo de Chão Will Open in Escazú

Brazilian steakhouse chain Fogo de Chão should be opening its first restaurant in Costa Rica this month, bringing its fire-roasted meats and tableside dining...

Costa Rica Hotels Named Among World’s Best in Travel + Leisure Awards

Three Costa Rica hotels have been named among the 100 best hotels in the world in Travel + Leisure’s 2026 World’s Best Awards, giving...

U.S. Seeks Extradition of Four Suspects in Liberia Cocaine Case

The United States has requested the extradition of three Costa Ricans and a Mexican citizen accused of helping an international drug network move cocaine...

Costa Rica Report Finds High First-Time Vehicle Inspection Failure Rate

More than one-third of the vehicles presented for Costa Rica’s mandatory technical inspection failed on their first attempt during 2025, with excessive emissions, worn...

Jannik Sinner Beats Alexander Zverev to Win Wimbledon 2026

Jannik Sinner successfully defended his Wimbledon men’s singles title Sunday, recovering from a tense opening-set loss to defeat Alexander Zverev 6-7 (7), 7-6 (2),...

Costa Rica Lands Two Retreats in the World’s Wellness Top Five

Two Costa Rican retreats have been named among the five best international wellness destinations in Travel + Leisure’s 2026 World’s Best Awards, extending a...

Costa Rica Returns Drug Police to Airports and Border Posts

Costa Rica will put its Drug Control Police back inside the airports and border crossings, reversing a 2023 decision that pulled the specialized unit...

Costa Rica Papagayo Dispute Freezes $700 Million in Investment

A court fight over the planned removal of 748 trees at Playa Panamá has grown into a broader dispute over tourism investment, jobs and...
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