Industrial chamber concerned about Colombia treaty

The Cámera de Industrias is expressing its concern over the opening of free trade talks with Colombia.

The chamber, in a news release, pointed out that Costa Rica’s exports to Colombia in 2011 were $48.2 million but that Colombian exports to Costa Rica were nearly 10 times that at $445.6 million.

The business chamber said that Costa Rica was at a disadvantage because of infrastructure, access to
credit, the paperwork needs, energy costs and raw materials.

The government announced Friday that talks are about to begin with the goal of a free trade treaty. The Cámara de Industrias said that the opening of commerce with Colombia should be carefully analyzed. Many of its members see such a trade treaty as a grave threat, it said.

The two countries are not complementary but competitors, the chamber said.

This entry was posted in Costa Rica News. Bookmark the permalink.