Text Version
RSS Feeds
Home Forum Photos Features Newsletter Archive Employment
About US Help Site Map
SEARCH   About US FAQ Site Map Site News
  -Text Version
  -RSS Feeds
  -News Archive
  -Give us feedback
  -Voices of Readers
  -Online community
  -China Biz info
  What's new
China-Costa Rica FTA negotiations expected to be completed within a year
+ -
15:25, June 18, 2009

Click the "PLAY" button and listen. Do you like the online audio service here?
Good, I like it
Just so so
I don't like it
No interest
 Related News
 China, Costa Rica make progress on FTA talks
 Chile, Russia seek FTA
 China may just "miss" trade goal
 New Postal Law not new barrier for investment and trade
 Colombia to promote FTA with Canada
 Comment  Tell A Friend
 Print Format  Save Article
The third round of negotiations for the free trade agreement (FTA) between China and Costa Rica started on June 15 in San José, Costa Rica's capital. If the FTA negotiations progress smoothly, they are expected to be completed within a year said Zhu Hong, head of the Chinese negotiation delegation and deputy director-general of the Department of International Trade and Economic Affairs for the Ministry of Commerce of China (MOFCOM).

During the three-day negotiations, both sides will conduct group discussions on subjects such as market access for goods, rules of origin and sanitary conditions for export and import.

Zhu noted that with the FTA negotiations having a friendly tone, China and Costa Rica both hope to narrow their differences through negotiations on an equal footing, and find common ground. He added that the Chinese and Costa Rican economies are mutually complementary, which is the premise for signing this FTA.

At present, Costa Rica has agreed to open its domestic market to 70 percent of Chinese goods, and China has promised to open its market to 94 percent of Costa Rican goods. Zhu suggested that Costa Rica adjust its position to offer access to more Chinese goods.

The Costa Rican side noted that Costa Rica hopes to establish a special protection mechanism and take measures such as raising tariffs in the event of an influx of imported products.

In recent years, bilateral trade between China and Costa Rica has shown a trend of rapid growth. China is Costa Rica's second largest trading partner and Costa Rica is China's second largest trading partner in Central America. The first and second rounds of China-Costa Rica FTA negotiations were held in San José and Shanghai, respectively.

By People's Daily Online

  Your Message:   Most Commented:
India's unwise military moves
Controversy over China's first sex-theme park
China slams U.S. foreign affairs bill proposal, urges deletion
China slams Clinton's June 4 comments
13 more bodies from Air France flight 447 recovered

|About Peopledaily.com.cn | Advertise on site | Contact us | Site map | Job offer|
Copyright by People's Daily Online, All Rights Reserved