HomeArchiveChinese Team Arrives To Study Free Trade

Chinese Team Arrives To Study Free Trade

The Chinese are back. This time the delegation met with Costa Rican counterparts for three days this week to study the possibility of forming a free-trade agreement between the two countries.

A release from the Foreign Trade Ministry said the feasibility study will likely take six months to complete.

China is Costa Rica’s second largest trade partner, after the United States. Costa Rica last year shipped more than $1 billion in goods to the Asian giant. Costa Rica switched diplomatic recognition to China in June after more than 60 years of friendship with Taiwan.

 

Trending Now

Panama Celebrates Removal From European Union Tax Blacklist

The European Union announced today that it had removed Panama and Vietnam from its tax haven blacklist, citing progress made by both countries. The...

Landslides Close Costa Rica’s Route 32 Between San José and Limón

Costa Rica’s main highway between San José and the Caribbean remained closed this morning after heavy rain triggered landslides at several points along...

Study Counts More Than 557,000 Costa Rican Children in Poverty

A Conare study finds 557,193 minors in Costa Rica's social-aid registry are classified as poor, with Sarapiquí and the Southern Zone hit hardest.

Iron Maiden Ends 10-Year Absence With 50th-Anniversary Show in Costa Rica

Iron Maiden returned to Costa Rica after 10 years, bringing its 50th-anniversary tour and a song never played here before.

Who Pays Tax on Rent in Costa Rica? The Numbers Don’t Add Up

Costa Rica counts 360,000 rented homes but only 32,373 registered rental income taxpayers, a figure that has barely moved since 2020.

Costa Rica Job Losses Mount as Major Companies Cut Operations

Job creation has struggled to gain momentum in Costa Rica, while business closures and corporate restructuring have resulted in the loss of at least...

Dollar Holds as Central Bank Warns US Rates Could Push It Higher

The dollar has eased from its early-October high, but Central Bank President Róger Madrigal warns a widening US rate gap could lift it again.

Costa Rica’s Pensionado Visa Ranks Fourth in Global Retirement Index

Costa Rica's Pensionado visa ranks fourth of 46 retirement programs worldwide on its $1,000 income rule and tax treatment. Paperwork is the weak spot.

Costa Rica Suspends Investigation Into Who Ordered Roberto Samcam’s Murder

Costa Rica’s prosecutor’s office has suspended its investigation into who ordered the 2025 killing of retired Nicaraguan military officer Roberto Samcam, an outspoken critic...
Loading…

Latest News from Costa Rica

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