China, Costa Rica Make Progress On FTA

by Mary Swire, Tax-News.com, Hong Kong

19 June 2009

"Satisfactory progress" has been made at the third round of negotiations for a Free Trade Agreement (FTA) between China and Costa Rica, it has been announced.

The announcement was made by Chinese officials after commercial delegates from both countries met in Costa Rica between June 15-17 for the third round of trade talks.

According to China's Chief Negotiator, Zhu Hong, this round of talks has resolved several issues in time for the fourth meeting to be held in September.

"The Costa Rican side has promised us that the offer will be better in the coming round," Zhu announced, adding:

"We had a good discussion on almost all the issues like services, commercial defense, controversies solutions, commercial values and other issues of cooperation."

FTA discussions between the two countries began in June 2007, making Costa Rica the third Latin American country to date to enter into trade agreement negotiations with China.

.

 

 






Write a comment