SINGAPORE AND COSTA RICA CONCLUDE NEGOTIATIONS ON FREE TRADE AGREEMENT

Singapore and Costa Rica have successfully concluded negotiations on a Free Trade Agreement (FTA) after 4 rounds of talks. Both sides agreed to launch FTA negotiations on 2 December 2008, during the official visit to Singapore by the President of Costa Rica, Dr Oscar Arias Sanchez. The first round of negotiations was held in April 2009. Singapore and Costa Rica will sign the FTA once domestic processes are completed.

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MINISTRY OF TRADE AND INDUSTRY,
SINGAPORE 29 JANUARY 2010