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Costa Rica, Russia Revive Trade,
Energy Agreements
Costa Rica and Russia have
revived a series of agreements
on trade and energy, Costa Rican
Foreign Minister Bruno Stagno
and visiting Russian Deputy
Foreign Minister Sergei Kislyak
said on Wednesday.
Kislyak and Stagno made the
remarks at a joint press
conference on Wednesday, the
last day of Kislyak's two-day
visit, following a late Tuesday
meeting with Costa Rican
President Oscar Arias.
The three agreed to activate a
reciprocal investment protection
agreement, signed in 1999 but
never brought into force.
"We will also seek an agreement
to avoid double taxation, and an
agreement that will facilitate
the coordination of banks in the
two countries," Stagno said.
Stagno said that Costa
Rica-Russia trade fluctuated a
lot, and that many Costa Rican
products appeared in Russian
trade statistics as products of
a third party, which prompted
the two countries to seek a more
direct relationship.
Russia currently imports us$17
million worth of Costa Rican
products, down from a peak of
us$34 million dollars in 1998.
Stagno said that the figures
gave ample room for exports to
increase, adding, "I called a
meeting of the Central American
Integration System (SICA) energy
ministers to allow Russia to
offer help and opportunities for
collaboration."
Costa Rica currently holds
SICA's rotating presidency, and
the meeting is part of an
existing energy cooperation
agreement.
Stagno also presented to Kislyak
his country's key foreign policy
ideas, including proposals,
dubbed the Costa Rica Consensus,
for writing off debts and
promoting investments in
education and health for
countries that reduced their
arms budgets.
At a meeting in February 2007,
international aid experts would
hold a session on the Costa Rica
Consensus and present it to the
international community, Stagno
said.
For his part, Kislyak said he
agreed with Stagno that Russia
was not fully using its
relationships.
He said he was very interested
to hear the Costa Rica Consensus
ideas, adding that his nation
would follow progress on the
regulation of the arms trade, in
which Russia is one of the
world's largest trading nations.
"Many organizations and nations
are trying to solve the
disarmament problem," Kislyak
said. "We believe that before
setting up working groups, there
may already be areas where many
states are in agreement. My
country would be very interested
in analyzing such a document."
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