The negotiations between Central America and the European Union are finally giving signs of progress; thanks mostly to the Costa Rica negotiators, who had been pretty much leading the way in terms of business proposals for the area. And making a stand against the different UE (Less appealing propositions)

For those of you that are not aware of this “epic saga” I recommend reading:

Europe ready to take a “Big bite” on Central America

So now that the third round of negotiation is over, let us take a brief look at the good things that came out of it:

1- A special business “safe guard” to protect the market

2- A policy to regulate taxes on heavy “import” numbers

3- A better path to access the different options on the EU

Europe is trying to go as fast as possible, for they know the coming of the CAFTA approval could bring a whole different panorama on certain “key” elements on the Central American market, and especially in Costa Rica (That is still the favorite player on the Central America Team)

The Costa Rican negotiators led by Costa Rica Foreign Trade Minister Marco Vinicio Ruiz are quite happy (For once) with the current results from the 3 round, as many of their proposals had been met with approval from the EU.

 

The CAFTA negotiations however are drawing near, and the race for the best offer is getting better for Central America.