A Foreign Trade Promotion Office report released Monday shows that Costa Rican exports totaled $11.5 billion in the last 12 months, representing an increase of 2.2 percent.
The Legislative Assembly approved a bill in second debate Tuesday that builds on Costa Rica’s recently approved free trade agreement with the European Union.
Poor domestic competition and closed markets have pushed the cost of transporting goods in Central America to some of the highest in the world, according to a report issue by the World Bank on Thursday morning. But the quality of the region’s roads may not explain why.
Costa Rica's Foreign Trade Promotion Office, or PROCOMER, is eyeing a recent U.S. Agriculture Department report that noted the United States will spend an additional $8 billion this year on food, compared to last year's figures. PROCOMER says the increase could benefit Tico exporters, particularly producers of fruits and vegetables.
