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INSIDECOSTARICA.COM COSTA RICA NEWS |   Wednesday 20 October 2010

Costa Rica Proposes Join Venture With India On Carbon-Neutral Agriculture

Costa Rica is looking to spark India's interest in a joint venture in carbon-neutral agriculture as well as adaptation of Costa Rican technology for the Indian aerospace industry.

Costa Rican Foreign Minister René Castro, who is on a visit to India, proposed these areas for collaboration during his talks with External Affairs Minister  Krishna in New Delhi on Tuesday.

'We told them (India) that it is possible to look into compensation of carbon credit for carbon-neutral agriculture,' he told IANS on the sidelines of an interaction with the Confederation of Indian Industry.

Castro admitted that there was some 'positive surprise' among Indian officials that this could be an area of competitiveness for developing countries.

A former environment minister, the Costa Rican foreign minister is evangelical about the possibility for harnessing green technology to increase economic cooperation between the two countries.

'You will be surprised to know that we already have 20 Revas (Indian electric cars) in San José. It is the top brand in electric vehicles there,' he said.

Incidentally, more than 90 percent of energy consumed in Costa Rica is from renewable sources, with hydro-electricity accounting for 78 percent of the energy needs in the country, he said.

He will also be travelling to Bangalore to visit India's space industry and to look at the possibility of using Costa Rican-developed experimental plasma thrust engine in space programs.

'We want to see if there is a possibility of developing the engine from its experimental to market stage,' said Castro.

He pointed out that the plasma engine, known as variable specific impulse magnetoplasma rocket, would be crucial in space exploration, as it will help in bringing down costs significantly.

Demonstrating his country's long-term interest in India, Castro inaugurated its first permanent embassy in Delhi Tuesday.

'For a small country like ours, the investment in opening an embassy is heavy,' he said, noting that it was a recognition of India as an emerging power.

 

 

 
 
 
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