More

    Costa Rica and South Korea to Begin Free Trade Talks

    Must Read

    TCRN STAFFhttps://www.TheCostaRicaNews.com
    Creating a Conscious alternative news network that we feel the world needs. Pura Vida!

    The Costa Rica News (TCRN) – It has been announced by the Seoul government that South Korea and a group of six Central American countries have launched their negotiations for a free trade agreement (FTA).

    With their geographical location, these countries, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and Panama — act as a trade bridge linking North and South America. The six countries Central American counties form a regional economic bloc known as Secretaria de Integracion Economica Centroamericana (SIECA).

    Costa Rica and South Korea will begin negotiating a free trade agreement (FTA) this year that would provide duty-free trade on a broad range of products between the two countries, according to reports.

    The first round of FTA negotiations is projected to begin as early as next month in El Salvador, where SIECA is located.

    If signed, this will be the first FTA between Costa Rica and South Korea and is expected to significantly increase trade which in 2014 which reached $5 billion USD between South Korea and the six countries.

    The Costa Rica News (TCRN)
    San Jose, Costa Rica

    Resonance Costa Rica
    At Resonance, we aspire to live in harmony with the natural world as a reflection of our gratitude for life. Visit and subscribe at Resonance Costa Rica Youtube Channel https://youtube.com/@resonanceCR
    - Advertisement -

    Subscribe to our newsletter

    Get all the latest news, events, offers and special announcements.

    Latest News

    This is How the Vehicle Restriction Will Work in San José During These Holidays

    If you need to travel to San José these days, you can do so regardless of your license plate,...

    More Articles Like This

    Language »