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Costa Rica and Trinidad and Tobago Negotiate a Free Trade Zone
Jan 11, 2002

Following the IV Round of Negotiations that took place in San Josť, Costa Rica and Trinidad and Tobago reached an agreement to launch a free trade area between the two countries.

The agreement was designed to fit within the ongoing process of creating a free trade zone in the Americas and is step for future negotiations between Costa Rica and the Caribbean Free Trade Area- CARICOM.

The free trade agreement is one of the most advanced in the region and includes rules on national treatment, market access, rules of origin, services and investment, competition, government procurement and temporary movement of business personnel. About 97.4% of the tariff universe will have free market access in both ways. In 10 years, the remaining goods will enjoy free market access.

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