China, Costa Rica hold FTA talks
COSTA RICA: China and Costa Rica held their sixth round of talks on
the Free Trade Agreement (FTA) here on Monday. During the three-day
meeting, the two sides will mainly discuss issues such as market access,
the rule of origin, and intellectual property rights.
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FTA talks
* Two side will mainly
discuss issues such as market access
* Two economies have for
further conomic and trade cooperation |
“We have agreed in more than 90 percent of issues we talked in last
five round of negotiations. I think it is a substantial progress,” said
Costa Rican External Commerce Minister Marco Vinicio Ruiz at the
beginning of the talks.
Chinese Vice Commerce Minister Yi Xiaozhun said at the negotiations
that the two economies are complementary and have great potential for
further economic and trade cooperation.
According to him, bilateral trade between the two nations reached
2.89 billion U.S. dollars and 3.18 billion dollars in 2008 and 2009,
respectively.
Bilateral trade has been growing fast since the two nations
established diplomatic relations in June 2007. Costa Rica is now one of
China’s important trade partners in Central America while China is the
second largest trade partner of Costa Rica.
San Jose, Tuesday, Xinhua
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