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Optimism in Costa Rica
Exporters, politicians, and
social groups in Costa Rica
reacted with optimism to the
announcement of negotiations for
a free trade agreement between
Central America and the European
Union.
The business sector pointed out
the need to diversify markets
and to cement the relations with
the UE via the proper
legislation.
Last year, Costa Rica exported
us$1.143 billion to Europe,
where 455 local companies sell
over 500 different products.
The recently appointed Minister
of Foreign Affairs Bruno Stagno
asserted that Costa Rica stands
to benefit the most from the FTA,
and pointed out that this
country currently represents 60
percent of the overall Central
American trade with Europe.
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