Tuesday 25 November
2008, San José, Costa
Rica
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Gasoline Cheaper Today
Costa Rica Business Wary
of Trade With China
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Inn Liberia Airport in
Costa Rica Opens
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Costa Rica Business Wary
of Trade With China
Costa Rica's
manufacturers are asking
to be excluded from the
free trade treaty the
country plans to
negotiate with China in
a process set to begin
in January.
The head of the Camara
de Industrias de Costa
Rica (CICR) - Chamber of
Industries of Costa Rica
- Juan Maria
Gonzalez, told a press
conference that there
are very few sectors
that can provide a
profit for Costa Rican
industry within the
trade accord with China.
Gonzalez said that Costa
Rica has much to lose by
agreeing to a treaty of
this kind with the giant
Asian nation and should
push for a partial
accord in which the
market is opened up only
to certain sectors and
products.
"An FTA (free trade
agreement) puts all
sectors on the
negotiating table. A
treaty of this kind with
a manufacturing country
like China limits the
decisions on the future
of local industry, and
therefore we ask for the
sector to be excluded"
from it, he said.
The CICR says that a
treaty with China "is
not appropriate" because
that country still has
some of the bad habits
of a centralized
economy, including
little experience with
the regulations of the
World Trade Organization
and, above all, it has
not been able to
establish effective
health and safety
controls for its
exports.
In addition, the
"artificially low"
prices of Chinese
products would represent
unfair competition for
Costa Rica's domestic
producers, the CICR
says. EFE |
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