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Thursday 16 April 2009, San José, Costa Rica  Home Contact Us Subscribe To Our Newsletter
82 Facing Environmental Charges For Removing Plants and Animals From Protected Areas
Costa Rica Denies Blocking Negotiation With EU
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Costa Rica Denies Blocking Negotiation With EU

The Ministerio de Comerico Exterior (Exterior Commerce Minister) Marco Vinicio Ruiz denied on Wednesday that Costa Rica has blocked the negotiations for the Association Agreement with the European Union (EU).

Ruiz said that Costa Rica has interest in the agreement "because we have 70% of the region's trade with Europe and 70% of the European investment in Central America."

Ruiz also urged Nicaragua to change its stance on its proposal of a fund worth 60 billion euros (some us$79 billion dollars) and to return to the negotiating table with the EU.

On April 1, Nicaragua withdrew from the talks with the EU in Honduras as it failed to gain support of other Central American countries on the fund proposal for regional development, in which it suggested the EU accounts for 90 percent and Central America 10percent.

Nicaragua's Vice Foreign Minister Manuel Coronel accused Costa Rica of demanding "in the last moment" to review the proposal.

For his part, Ruiz said that Nicaragua's proposal should have been analyzed first by the monetary authorities of each Central American country before being presented to the EU.

"Nicaragua should have understood that there is no one who can offer gifts now, as the world's important countries are busy restoring their economies from the financial crisis," Ruiz said.

Ruiz also said he expects the Central American presidents could discuss this issue at the 5th Summit of the Americas slated for April. 17 -19 in Trinidad and Tobago.
 
 
 
 
 
 

 

 

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