The Costa Rican economy will contract between 4.1% and 4.9% this year compared to 2019, depending on the severity of the health crisis, according to the OECD.
Founded in 1961, the OECD is dedicated to promoting policies for economic and social welfare. Its member countries move 60% of world trade and represent 80% of global GDP.
Eliminating customs duties between the two Northern Triangle countries would be a big step toward implementing the long-planned Central American Customs Union.
