Costa Rica to Open New Trade Opportunities With South Korea
By Wendy Anders
Costa Rican leaders ready for a trade mission next week to enhance trade relations with South Korea.
Last year 71 Costa Rican companies exported 62 different products to South Korea, including radio and television parts, green coffee, medical prostheses, bananas, and pineapples, said the Foreign Ministry yesterday.
Costa Rican officials will seek to expand market opportunities for Costa Rican food, agriculture, electronic, and chemical products, as well as in the service sector, and for mobile applications (games), digital animation, and Spanish language instruction, reported the Foreign Ministry.
President Solis will meet his South Korean counterpart, Park Geun-hye, on Wednesday 12 October 12 to sign cooperation agreements.
These agreements will be in the areas of tax information exchange mechanisms, health cooperation, security cooperation, small and medium business promotion, and education
The countries seek to increase their work together on health management, healthcare services, health information technology systems, pharmaceutical and medical research, and education and training for medical personnel, said the ministry.In the area of security cooperation, joint work will be planned in the areas of crime prevention and prosecution, as well as citizen participation in joint work with police.During the visit, the leaders will also sign into effect a scholarship program for Costa Rican undergraduate and graduate students to study at Korea University.Costa Rica’s official trade promotion agency (Procomer) will sign an agreement with South Korea’s Investment and Trade Promotion Agency to allow for closer work together.The visit celebrates 54 years of excellent diplomatic relations between the two countries.As Asia’s fifth largest economy and one of the most advanced in technology and innovation, South Korea is a global leader in the production of electronic devices and mobile phones, and in shipbuilding, said the Foreign Ministry.
