Costa Rica Signs On To Customs Union

December 14, 2007

Costa Rica has signed on to an agreement that would standardize import taxes and duties among Central American countries.

That means customs booths on the Nicaraguan border will be eliminated, although the agreement leaves it up to individual countries to decide when.

Trade Minister Marco Ruíz told the daily La Nación that the customs posts will be gradually converted into stations for enforcing sanitary standards.

The customs union is an important step for Central America’s negotiations with the European Union on a possible Association Agreement.

 

Facebook Comments

You may be interested

Court rejects tax reform and asks legislators to eliminate four points
Costa Rica
842 views
Costa Rica
842 views

Court rejects tax reform and asks legislators to eliminate four points

Luis Fernando Cascante / Semanario Universidad - October 17, 2018

Costa Rica's Plenary Court has rejected the proposed tax reform bill in its current state and asked the members of…

30 protesters released from prison in Nicaragua
News
848 views
News
848 views

30 protesters released from prison in Nicaragua

AFP / The Tico Times - October 17, 2018

Nicaraguan President Daniel Ortega freed 30 political opponents on Monday, an action greeted with relief by human rights organizations. They…

La Sele continues to struggle, falls to Colombia, 3-1
La Sele
822 views
La Sele
822 views

La Sele continues to struggle, falls to Colombia, 3-1

Alejandro Zúñiga - October 17, 2018

One of La Sele’s shining moments happened right there, at the Red Bull Arena, a little over a year ago.…