7th round of EU-Central America under way up after rocky start
Trade talks between Europe and Central America were back on track Tuesday despite a close call when a Nicaraguan delegate walked away from the negotiating table after asking his country to be left out of a particular deal.
The seventh round of negotiations between the European Union and five Central American countries, including Cost Rica, is taking place in Tegucigalpa, Honduras this week.
Nicaragua requested on Monday a cooperation fund with numbers “not feasible” for the EU, which prompted a disagreement on the first day of negotiations, the daily La Nación reported.
Sanitary norms, technical norms, customs proceedings and access to markets have been discussed so far. However, as of Tuesday afternoon, the dialogue regarding vital Central American products and their access to the European markets had not taken place.
“We haven´t had the chance to tackle products emblematic to Central America such as bananas, sugar, meat, rice and rum, among other products,” said Roberto Echandi, chief negotiator for Costa Rica.
In addition, Central American delegates presented the EU a preliminary document on labor practices, which Echandi said is subject to change.
Agricultural goods make up the bulk of exports from Central America to Europe. On the other end, the European Union exports, for the most part, are comprised of manufactured products and services to Central America.
Costa Rica currently exports about $560 million to Europe and imports about $62 million.
“What is Europe going to do in order to meet the needs of Central America ?” Echandi asked. “That is the question of the week.”
You may be interested
Nicaragua celebrates a joyous festival of horrors in lead-up to HalloweenAlejandro Zúñiga - October 26, 2020
Disguised as devils, witches, goblins and terrifying characters from indigenous mythology, thousands of Nicaraguans celebrated with joy and boisterous dances…
News briefs: Costa Rica news highlights to start your weekThe Tico Times - October 26, 2020
Happy Monday from The Tico Times! We hope you're reading this while drinking a delicious Costa Rican coffee or eating a…
Sloth Sunday: Awarding the top sloths of the 2020 Ironman GamesThe Tico Times - October 25, 2020
Over the last five days, sloths at the Toucan Rescue Ranch have participated in grueling tests of strength and endurance…