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Monday 18 May 2009, San José, Costa Rica  Home Contact Us Subscribe To Our Newsletter
Costa Rican Trade Minister Tells Jamaicans Doors Are Wide Open
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Costa Rican Trade Minister Tells Jamaicans Doors Are Wide Open

Costa Rica's Foreign Trade Minister, Marco Vinicio Ruiz, says has been able to weather the economic storm because it has a diverse economy, allowing it keep unemployment low.

Minister Ruiz talking to the associate editor of the Jamaican newspaper, The Gleaner, on the benefits of the free trade agreement recently signed with the Caribbean Community (CARICOM) state, estolled the benefits for Jamaican investors to invest in Costa Rica/

"We are very open", said Ruiz, explaining how Costa Rica already has an international business sector and good relations with Asia and the rest of Central America.

The trade minister added that there are a variety of opportunities, as Costa Ricans consumer fresh produce all year round, companies involved in online businesses and the production of short films, adding the current filming of a reality show for US television in the jungles of Costa Rica.

Ruiz was clear that Costa Rica is not a "cheap labout" country, having well-qualified workers, the country focusing on education for the last 50 years.

"We are in very good shape now. Our exports of largely electronic goods are down 12 per cent in the first quarter. We have had an impact on construction, which has slowed down. But because our economy is diverse, we have been able to keep our employment high. Unemployment in Costa Rica is less than five per cent. We know that some companies have left the country and some have shut down their plants", said minister Ruiz.

Costa Rica has a very significant population of Jamaican descendants in the Caribbean region.

" If you go to any of our Caribbean regions, you will feel like you are in Jamaica; it is the same people, including even politicians. There is a congresswoman, Epsie Campbell, running for the opposition party as a presidential candidate; she is of Jamaican heritage', said Ruiz.

 
 
 
 
 
 

 

 

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