Association Agreement with European Union enters into force on October 1st
September 27th, 2013 (InsideCostaRica.com) The Association Agreement between Central America and the European Union will enter into force on October 1st for Costa Rica, Deputy Minister of Foreign Trade, Fernando Ocampo confirmed yesterday.
The agreement is already in force in Nicaragua, Honduras, and Panama. A disagreement between Italy and Costa Rica over four types of cheeses had been delaying its ratification in Costa Rica.
Amongst other aspects of the agreement, a number of trade tariffs between Central America and the EU will be significantly reduced or eliminated.
The European Union is Costa Rica’s second largest trading partner.
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