Solís said he wanted to see the Costa Rican and Chinese economy more closely linked, listing special economic zones, infrastructure investment, technology sharing, and greater educational and cultural exchanges as some of his goals for the future of the relationship.
A Chinese firm hired to dig a canal across Nicaragua linking the Caribbean and the Pacific said Thursday it has begun assessing property. The firm is analyzing land that will have to expropriated and people who will be displaced.
TAIPEI, Taiwan – Seven years ago, Costa Rican President Óscar Arias outraged Taiwanese officials by breaking diplomatic relations with the prosperous island nation and aligning Costa Rica instead with mainland China. Yet Costa Rica remains Taiwan’s largest Central American trading partner by far, with bilateral trade consistently outpacing the region’s other countries
BRASILIA – Chinese President Xi Jinping proposed Thursday to create a $20 billion fund to finance infrastructure projects in Latin America and the Caribbean. The fund was announced at the end of a summit hosted by Brazilian President Dilma Rousseff that marked the launch of the China-Latin America-Caribbean Forum.
The renegotiations targeted several legacy projects devised by previous National Liberation Party administrations, including former presidents Óscar Arias (1986-1990, 2006-2010) and Laura Chinchilla (2010-2014), including Route 32 and the stalled Moín oil refinery.
President Luis Guillermo Solís, representing Costa Rica as the president pro tempore of the regional organization, is set to meet with the presidents of China, Brazil and Chile during the week-long event in Brasilia.
News of Intel's decision to hire 300 more Ticos set the tone for much of the president's trip, but his interviews with international media also shed light on other topics at home, including relations with Nicaragua.
Public Works and Transport Minister Carlos Segnini on Thursday asked lawmakers to postpone for up to four months a final vote on a $485 million loan package from China to finance expansion of Route 32, the country’s main access to the Caribbean province of Limón.
A serious national security problem is emerging in the Caribbean Basin, much neglected by Washington. Banging the final nail in the coffin of the Monroe Doctrine, Russia’s Vladimir Putin is joining China in building a trans-oceanic canal through Nicaragua, as well as a military supply facility.
Chinese Foreign Minister Wang Yi, on a tour of Latin America, met his Venezuelan counterpart Elías Jaua on Monday. China has pledged to invest more than $20 billion in Venezuelan oil and social cooperation.
