Canada-Costa Rica Free Trade Agreement

EENI- School of International Business

Sub-subject: The Free Trade Agreement (FTA) between Costa Rica and Canada

1. Introduction to the Canada-Costa Rica Free Trade Agreement (FTA)
2. Benefits of the Canada-Costa Rica Agreement
3. Certification of Origin
4. Market Access for Goods
5. Canada-Costa Rica Agreement on Environmental Cooperation
6. International Trade Canada-Costa Rica

Sample of the Sub-subject: The Free Trade Agreement between Costa Rica and Canada

Description of the Sub-Subject: Canada-Costa Rica Free Trade Agreement (FTA).

The Costa Rica-Canada Free Trade Agreement came into force in 2002.

The objectives of the Costa Rica-Canada Free Trade Agreement (FTA) are to:

1. Establish a free-trade area
2. Promote the regional integration through an instrument that contributes to the creation of the Free-Trade Area of the Americas and the progressive elimination of barriers to trade and the foreign direct investment (FDI)
3. Create opportunities for economic development
4. Eliminate barriers to the foreign trade
5. Facilitate the cross-border movement of products between Costa Rica and Canada
6. Increase substantially the foreign direct investment (FDI) opportunities in Costa Rica and Canada
7. Facilitate the bilateral trade in services
8. Promote the conditions of fair competition in the free-trade area;
9. Create efficient procedures for the implementation and application of this agreement, for its joint administration and the resolution of disputes

Costa Rica will eliminate its tariffs instantly on some 67% of its tariff lines, and over a period of up to fourteen years for the remaining products, while Canada will provide immediate duty-free access for some 86% of its tariff lines. The remaining products being subject to tariff elimination over a period of up to eight years.

The Costa Rica-Canada Free Trade Agreement includes the cooperation agreements on the environment and labour.

International Trade Canada-Costa Rica.

1. international trade in goods: 544.9 million dollars
2. Products exported: 108.8 million dollars
3. Imports from the Republic of Costa Rica: 436.1 million dollars
4. Costa Rica is the largest trade partner of Canada in Central America, accounting for 31% of trade of products of Canada with the region

Costa Rica belongs to the Latin American Economic Area and Canada to the North American area of the Christian Civilisation.

Costa Rica's Free Trade Agreements (FTA).