Business in Costa Rica, San Jose

1. Introduction to Costa Rica (Central America)
2. Doing Business in San Jose
3. Costa Rican Economy
4. International Trade of Costa Rica
5. Investment in Costa Rica
6. Business Opportunities in Costa Rica
   1. Services sector
   2. Advanced Manufacturing
   3. Foreign Trade and Logistics
   4. Medical Devices
7. Case Study
   1. Multinational enterprises in Costa Rica
   2. Intel Costa Rica
   3. Cafe Britt
8. Access to the Costa Rican Market
9. Business Plan for Costa Rica

The educational aims of the Subject “Foreign Trade, Logistics and Business in Costa Rica” are:

1. To analyze the Costa Rican Economy, Logistics and Global Trade
2. To conduct research on business opportunities in Costa Rica
3. To explore the Costa Rican trade relations with the student's country
4. To learn about Costa Rican Trade Agreements
5. To examine the profile of Costa Rican companies
6. To develop a business plan for the Costa Rican Market

The Subject “Foreign Trade, Logistics and Business in Costa Rica” is included within the curriculum of the following academic programs at EENI Global Business School:

Masters: International Business, Foreign Trade.

Doctorate: World Trade.

Languages: or Costa Rica Costa Rica.

1. Subject Credits “Doing Business in Costa Rica”: 1

Costa Rican Agreements.

1. Costa Rica and the Hispanic American Economic Area
2. Association of Caribbean States
3. Central American Integration System
   1. Central American Common Market - Integrated with SICA -
4. Mesoamerica Project
5. Latin American and Caribbean Economic System
6. Costa Rica has Trade Agreements with Panama, Colombia, Chile, European Union, EFTA
7. Mexico-Costa Rica Agreement
8. CARICOM-Costa Rica Agreement
9. UK-Central America Free Trade and Economic Integration Agreement
10. Costa Rica-Singapore Agreement
11. Dominican Republic-Central America-U.S. Agreement
12. Dominican Republic-Central America Agreement
13. China-Costa Rica Agreement
14. Mexico-Central America Agreement
15. Panama-Costa Rica Agreement
16. South Korea-Central America Agreement
17. Costa Rica-Peru Agreement
18. Canada-Costa Rica Agreement
19. ALADI (observer)
20. Pacific Alliance (candidate country)

1. World Trade Organization (WTO)
   1. Agreement on Trade in Services (GATS)
   2. Agreement on the Application of Sanitary Measures
   3. Agreement on Technical Barriers to Trade
   4. Agreement on Preshipment Inspection
   5. Agreement on Safeguards
   6. Trade Facilitation Agreement
2. World Customs Organization (WCO)
   1. Kyoto Convention (Containers)

1. Organization of American States (OAS)
2. Inter-American Development Bank
3. Economic Commission for Latin America (ECLAC)
4. East Asia-Latin America Cooperation
5. Community of Latin American and Caribbean States (CELAC)

1. United Nations
2. World Bank
3. World Trade Organization (WTO)
4. International Monetary Fund
5. OECD (Accession Candidate)

1. Borders of Costa Rica: Nicaragua, Colombia, and Panama
2. Costa Rican population: 4.9 million people
3. Area of Costa Rica: 51,100 km²
4. Capital of Costa Rica: San José
5. Official language: Spanish
6. Costa Rica is one of the oldest American democracies
7. Costa Rica has no army
8. Costa Rica gained the independence from Spain in 1821
9. Abolition of Slavery in Costa Rica: 1824
10. African Diaspora in Costa Rica: 0.1 million people (3% of the Costa Rican population)

Religion in Costa Rica: Christianity (Catholicism: 3 million).

Costa Rica belongs to Western Civilization - Hispanic American Economic Area.

Main cities in Costa Rica.

1. San Jose (Costa Rican capital) is the Latin American fourth-largest city with better quality of life (The Economist)
2. Heredia: Global Park Free zone, Sykes, IBM, Hospira, Boston Scientific, Baxter America Services
3. Alajuela ranks first in Costa Rica in coffee and sugar cane production
4. Puerto Limon is the largest port in Costa Rica

Costa Rican Economy.

1. 200 global enterprises have chosen Costa Rica as an establishment location
2. Costa Rica has a strong legal system that administers the Judicial Power, which guarantees the law accordance and covers nationals, as well as foreigners within Costa Rica
3. The World Bank Study for Global Governance Indicators ranks Costa Rica in the first place within Hispanic America for political stability
4. Costa Rica is one of the most competitive destinations in Hispanic America for service operations
5. Costa Rica is one of the most competitive locations, above the largest economies in Hispanic America (Brazil, Mexico, and Chile)
6. Costa Rica has become an important location for enterprises from the United States, as well as a strategic offshore location for the European enterprises in the dollar zone, for the European-based companies
7. Services sector has been growing in the last decade, from one company in 1995, to ninety-five enterprises and 28,416 employees
8. Currency of Costa Rica: Costa Rica Colon

Enterprises in Costa Rica.

Intel in Costa Rica. Costa Rica is home to Intel's only production site in Hispanic America. The local factory is focused on the assembly and testing of microprocessors and chipsets, product development, and customer support. Intel Costa Rica is also an international distribution centre and a strong back-office organizational function supporting several business groups including Finance, Materials, Planning, information technology, and Employee Services. Intel is placed in Heredia (San José). The facilities in La Ribera occupy 126 acres and include one manufacturing factory and one Distribution centre dedicated to the assembly, testing, and distribution in the World's fastest processors.

Business in Costa Rica

Since the mid-1990's Café Britt thought the International Airport in Costa Rica as a place where the traveler must find their products. Britt decided to expand internationally. The company decided to pursue international markets actively and invested in Peru, Curaçao, the Netherlands Antilles, Chile, Miami, St. Thomas, Antigua and Barbuda, and Mexico.

International Trade of Costa Rica.

1. One of the pillars of the Costa Rican economic development has been International Trade liberalization
2. This Foreign Trade liberalization has been followed by a series of structural modifications resulting in productivity growth, economy diversification and a higher level of investment
3. All these modifications have translated into important social achievements. In the last twenty years poverty was reduced from 40% to less than 20%
4. Main Costa Rican export products: integrated circuits, medical equipment, bananas, pineapples, coffee, melons, ornamental plants, sugar, textiles, electronic components, and medical equipment
5. Largest export markets of Costa Rica: the United States 23.9%, the Netherlands 13.3%, China 12.9%, the UK 5%, and Mexico 4.9%
6. Top import products of Costa Rica are raw materials, consumer products, capital equipment, and petroleum
7. Largest Costa Rican international suppliers: the United States 42.7%, Mexico 6.9%, Venezuela 6.3%, Japan 5.4%, China 4.7%, and Brazil 4.2%

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