The European Union (EU) and Central America started on Monday the sixth round of negotiations for a Economic Partnership Agreement (EPA) with the commitment to speed up the process so that it can be signed in 2009.
China and Costa Rica on Monday began talks for a free trade treaty under which the Central American nation hopes to export meat, plants, fruit and coffee to the Asian giant
China and Costa Rica will launch free trade talks in January and hope to seal a deal by 2010, Chinese President Hu Jintao said Monday during his first visit to a Central American country.
Costa Rican economist and former presidential candidate Ottón Solís spent the spring at the University of Florida as the Bacardi Family Eminent Scholar, teaching a course on free-trade agreements in the Americas at the university's Center for Latin American Studies.
The Sala Constitucional (Constitutional Court) resolved in record time the appeal by legislative members of the Partido Acción Ciudadana (PAC) and Frente Amplio parties on the constitutionality of the Intellectual Property bill, the last of the "complimentary" laws that is required to be passed by the Legislative Assembly to ratify the Tratado de Libre Comercio (TLC) - free trade agreement with the United States.
Costa Rica's Legislative Assembly ratified in second and final debate a free trade agreement with Panama that will open up the commercial channels between the neighboring nations.
October 1 was the deadline for Costa Rica to ratify and join the Central American Free Trade Agreement with the United States (CAFTA). However, Costa Rica now has until January 1, 2009, to ratify the trade deal.