Saturday 28 May 2022

Costa Rica – Colombia FTA Negotiations Remains Open

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28 May 2022 - At The Banks - BCCR

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The negotiations for a Free Trade Agreement (FTA) between Costa Rica and Colombia did not come to and yesterday, despite a video conference to close the deal.

The demands by Costa Rica’s industrial remains the biggest stumbling block, the minister of Comercio Exterior (Comex) – Foreign Trade, Anabel González, said yesterday.

Both González and her Colombian counterpart, Sergio Diaz Granados, held a video conference to resolve the issue, both coming to the conclusion that they have reached an “inlfexible” point.

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Ministra González explained after that both sides will talk again, reconvene a meeting some 12 days time, after each reviews their positions on the sensitive points. The Ministra did not say exactly when and where or the type of meeting, in person or again by video conference.

Costa Rica’s industrial sector wants excluded from the FTA soaps and detergents, paper, cardboard, sanitary wear, forestry, furniture and glass.

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