QCOSTARICA – London is the third most important destination of Costa Rican exports to Europe. For that President Luis Guillermo Solis arrived there on Monday, where he is expected to meet with government officials and business executives to promote investment and trade.
In a post on Youtube, Solis answers the question, “Why are we in London?”
See the video (in Spanish).
According to the President, on Monday began an intense week of work in meetings with businessmen and investors in London as well as strengthen the strategic positioning of Costa Rica as a “hub” for commercial and logistical Americas.
On the list of meeting with government officials is British Trade Minister Lord Price. Meetings with executives from British companies with interests in Costa Rica, include Prima Fruit.
In an interview with EFE, among his wishes for his administration to strengthen bilateral trade with Britain, Solis touched on the subject of Britain’s plans to leave the European Union, saying, “it could have negative consequences.” Solis added that he ‘preferred’ that Britain remain in trade bloc.
“The opening of direct flights to Spain, France, London and connections, among others, is a very prominent point for entrepreneurs and investors to explore Costa Rica as a power market,” said Solis in a Facebook post.
Costa Rica has in the past year opened the skies to a number of new airlines with direct flights between Europe and Costa Rica.
As usual, Costa Rica is approaching the issue of increased trade and investment in a backwards fashion. First, the concentration should be on providing the infrastructure necessary to attract additional trade, investment, and development. With prohibitions on additional water well drilling in both the Provinces of Guanacaste and Heredia, generally poor road connections throughout the Country, and high utility rates (especially electricity), it is unlikely that any of these potential investors in Costa Rica, will have a reason to follow through on investing in Costa Rica.
As usual, Costa Rica is approaching the issue of increased trade and investment in a backwards fashion. First, the concentration should be on providing the infrastructure necessary to attract additional trade, investment, and development. With prohibitions on additional water well drilling in both the Provinces of Guanacaste and Heredia, generally poor road connections throughout the Country, and high utility rates (especially electricity), it is unlikely that any of these potential investors in Costa Rica, will have a reason to follow through on investing in Costa Rica.