Monday, February 2nd, 2009
Costa Rica expects the European Union to make a new offer on bananas next month in an attempt to resolve the world’s longest-running trade dispute, Foreign Trade Minister Marco Vinicio Ruiz said on Friday.
Settling the row would end a decades-long dispute that has poisoned relations among dozens of countries and remove an obstacle to an overall deal in the World Trade Organisation’s Doha round to free up global commerce.
It would also help foster trade ties between Europe and Latin American countries grouped in the Central American Customs Union, which is negotiating a trade deal with Brussels. (more…)
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Monday, February 2nd, 2009
Since Costa Rica diverted their diplomatic ties from Tawain to China almost a year and a half ago, the two countries have been enjoying a vibrant relationship with Oscar Arias having visited China in 2007 and Chinese President Hu Jinato visiting Costa Rica late last year.
One of the many positive aspects drawn from the counties friendship is that China agreed to fund a new national soccer stadium for Costa Rica to be built in Sabana Park in San Jose as a replacement for the former antique stadium demolished last year. With 600 Chinese workers having flown to the country to begin construction, it won’t be long before this exciting project is completed. (more…)
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