Costa Rica wins trade treaty appeal

Costa Rica has won its arbitration appeal under the Central American Free Trade Treaty against El Salvador.

The Ministerio de Comercio Exterior said Thursday that the arbitration panel decision puts an end to a year-long controversy and opens the way for Costa Rican products to enter the Salvadorean market with preferential import duties.

This is the first free trade treaty ruling involving cases between two governments.

El Salvador declined to allow preferential duties on Costa Rican products, including juices. The government there contended that the trade agreement only involved products from the United States. In fact, the treaty covers all of Central America, too, as well as the Dominican Republic.

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