Chilean companies visit Costa Rica to strengthen trade ties │ Costadevelopers.com

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Chile is one of the countries with better indexes both commercial human development in the region as Latin American.

Around 40 Chilean companies recently visited Costa Rica to strengthen and increase trade relations between the two countries, at a meeting called "I S Chile", according to the official spokespersons.

In the event which will have a duration of two days, participating companies of various industries, from pharmaceutical producers of containers, the information and communication technology, building materials environmental services and University services.

As the Director of the office in Costa Rica for the direction of promotion of exports from Chile (ProChile), Marcela Aravena, indicated in an interview with Acan-Efe, the main objective is to achieve a rapprochement between the Chilean manufacturing companies and services with potential business partners in the region of Central America, especially in Costa Rica.

"Want to know that Chile is not only food and drinks but a manufacturing industry. We see in Central America real opportunities for trade that are growing in time," Aravena said.

In accordance with Aravena, the Central American region is not one market for Chile, but by otherwise representing a suitable for the foreign trade area, especially products that diversify exports to Costa Rica and vice versa. Both countries maintain a free trade agreement since 2002, this meeting allows you to consolidate and capitalize on the negotiations that were established in the Treaty.

"We hope that within the framework of the FTA trade in Chile to Costa Rica continues to grow and be closer to our entrepreneurs with potential Costa Rican counterpart, which come more products like medicines, food industry, University services," said Aravena.

The delegation representative of Chile, said that the free trade agreement has been "very positive" for exports, also is expected in a medium square a significant growth of the Costa Rican sales in the South American region, using this country as a platform to cover a wider region market.

According to the data of the Ministry of foreign trade of Costa Rica, during the year 2012, exports to Chile reached $25.7 million and imports from that country $291,3 billion.

On the other hand, exports to Central America and the Caribbean increased by 17% since 2009.

Among other activities the business meeting "I S Chile" is organized by ProChile and also includes a seminar, technical workshops and wheels of negotiation.

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Costa Rica materialize this year its country brand

The Chamber of exporters (CADEXCO) and the promoter of foreign trade (PROCOMER) join forces to consolidate country brand plan for Costa Rica and could be ready very soon.

The project presented in Costa Rica foreign trade authorities responds to needs identification and positioning of the country as a brand at a global level, especially by the necessity of creating identity in more than 4000 products which are exported to more than 145 destinations.

According to PROCOMER last year exports of goods generated the country $11 298 million, a significant change that gave from the previous year, 2011, where the same figure is $10 376 million, an increase of 8.9%.

PROCOMER’s General Manager indicated that country will work on the project of brand this year and that it is a propitious time to it already that the institution that represents both CADEXCO believe innovation, differentiation and diversification will enable you to national exports to stimulate sales abroad in Europe and the United States.

The increase of foreign investment and the acceleration of exports for small producers, has made that the Government put more attention on this project, which is part of its strategy for international consolidation.

In previous years, the country has used the slogan "no artificial ingredients", a concept which seeks to define to Costa Rica as a natural, green country, and where the enjoyment of natural resources and comfort come together in a unique destination for foreigners.

The Future Brand consultancy company catalogued Costa Rica as the best country brand in Latin America for the year 2012-2013, especially by the work that has been carried out in sustainable development and environmental issues.

The slogan that has been used Costa Rica not only has attracted the attention of visitors, but it has attracted thousands of foreigners who have opted to choose this lifestyle, and moved to the country after their retirement or to enhance their investments.

For the year 2013, the exporters Guild considers to be elementary creation and solidification of this project for the sake of continue to deepen in the field of marketing to achieve position national products abroad.

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EU maintains trade benefits for Tico products

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Costa Rica is on a list of countries that will maintain trade benefits in European countries, according to a report released Wednesday by the European Union.

Bananas are one of the most important products that will maintain tariff advantages to enter European nations, but Costa Rica hopes that an Association Agreement with the EU, scheduled to start in January 2013, also will create new opportunities to enter the European market for products such as sugar, meat, yuca and textiles.

The EU is the second-largest trading partner for Costa Rica. In 2011, exports totaled some $1.8 billion, representing 19 percent of total exports. The number of products exported to Europe was 806, from 547 companies, according to the Foreign Trade Ministry.

A total of 12 nations will leave the European system of benefits known as Generalized System of Preferences, after having been cataloged in recent years as economies of upper-middle income by the World Bank.

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China approves Costa Rican beef exports

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Permission from the Chinese government for Tico dairy products is in a final stage of evaluation.

Chinese officials reported Today that Costa Rica is officially included in the list of countries authorized to export beef to that country.

During an August tour of Asia by Costa Rican President Laura Chinchilla, officials from both countries announced the forthcoming opening of the market for Costa Rican beef, pending delivery to the Asian country of health certificates.

Foreign Trade Minister Anabel González said that China’s approval “is a win for the agricultural export sector, because that market offers great potential for our businesses, and we will continue working on the identification of potential niche markets for Costa Rican products.”

Costa Rica already has approval for entry into China of bananas and cattle hides, and is working on the approval for pork, chicken, seafood, pineapple and melon. Permission for dairy products is in its final stage, according to PROCOMER.

During the first year of entry into force of the China-Costa Rica Free Trade Agreement, exports from Costa Rica to China increased 70 percent compared to the same period the previous year, before the trade agreement was implemented.

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Costa Rican exports increase by 8.4 percent in first three quarters of 2012

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Most buyers of Tico exports are countries with free trade agreements with Costa Rica.

The value of Costa Rican exports increased by 8.4 percent in the first nine months of this year, totaling $8.5 billion, the Foreign Trade Ministry (COMEX)

Recent figures show consistent growth in exports of free-zone and agricultural products.

According to COMEX, countries with free trade agreements with Costa Rica account for 68 percent of Tico exports so far this year. Costa Rican exports to those countries increased by 8.9 percent in the first three quarters, from $5.2 billion during the same period in 2011 to $5.7 billion this year.

North America (the United States and Canada) is the main destination for Costa Rican exports, accounting for 42.5 percent of total exports (an 8.8 percent increase from 2011). Next is the European Union, with 18.1 percent (a 6.9 percent increase), Central America, with 14 percent (a 6.4 percent increase), and Asia, with 12.8 percent (a 24.6 percent increase).

Central Bank projections show the country is on track to meet – and likely surpass – this year’s export target, estimated at $15.8 billion in goods and services.

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