Costa Rica Coffee Guide

Costa Rica and Canada to expand trade agreement

June 18, 2012

Canada’s trade minister, Ed Fast, on Monday announced the successful conclusion of a fourth round of negotiations to modernize the Canada-Costa Rica Free Trade Agreement. Negotiations took place in San José last week.

“To create new opportunities for Canadian workers, businesses and investors, we are working closely with our Costa Rican partners to modernize our agreement by removing more barriers to trade,” Fast said.

The original Canada-Costa Rica Free Trade Agreement entered into force in 2002 but did not include provisions in such areas as cross-border trade in services, financial services, investment and government procurement. An expanded agreement will create new opportunities for Canadian businesses and provide them with a competitive edge in many sectors, including construction, manufacturing, financial services and telecommunications, officials said.

Since 2006, Canada’s two-way merchandise trade with Central America has risen by 16.7 percent. Costa Rica accounted for 11.8 percent of Canada’s two-way merchandise trade with Central America in 2011.

You may be interested

Costa Rica coronavirus updates for Friday, September 25
Costa Rica
5538 views
Costa Rica
5538 views

Costa Rica coronavirus updates for Friday, September 25

Alejandro Zúñiga - September 25, 2020

Costa Rica announced 17 new coronavirus-related deaths over the last day for a total of 812, according to official data…

Authorities tell Ponderosa Adventure Park to stop animal reproduction, feeding tours, selfies
Animal welfare
18 views
Animal welfare
18 views

Authorities tell Ponderosa Adventure Park to stop animal reproduction, feeding tours, selfies

Alejandro Zúñiga - September 25, 2020

The National System of Conservation Areas, part of the Environment Ministry, has informed Ponderosa Adventure Park in Guanacaste that it…

FIFA suspends Trinidad and Tobago
FIFA
2596 views
FIFA
2596 views

FIFA suspends Trinidad and Tobago

The Tico Times - September 25, 2020

FIFA suspended Trinidad and Tobago on Thursday for "grave violations" of its statutes following a local court challenge to its…