Costa Rica and Trinidad and Tobago: Complimentary trade allies

Through this commercial office, Costa Rican and Trinidadian businesspeople have had a commercial partner that has been in charge of developing the relationship further, taking advantage of instruments such as the Free Trade Agreement (FTA) signed by the Central American country with the Caribbean Community (CARICOM) in 2004. The agreement applied to Costa Rica and 12 CARICOM states - Antigua and Barbuda, Barbados, Belize, Dominica, Grenada, Guyana, Jamaica, Saint Kitt s and Nevis, Saint Lucia, Saint Vincent and the Grenadines, Suriname and Trinidad and Tobago.

With this treaty, a solid trade agreement was reached which, like other trade agreements, is part of the main objective of foreign trade policy to promote, facilitate and consolidate the integration of countries into the international economy. This agreement constitutes a balanced legal framework, through which the trade and investment flows between Costa Rica and the Caribbean region are supported and promoted.

As a result of the commercial relationship between these countries, and benefiting from the tariff benefits established in the FTA, in 2016 Costa Rica exported to Trinidad and Tobago USD$58 million, including products such as: syrups and concentrates for aerated beverages, anti sera, carrots, plastic articles for packaging, medicines, soaps and cleaning preparations and boxes of paper or paperboard.

Trinidad and Tobago exported to Costa Rica USD$16 million - products such as liquefied natural gas, nitrogenous fertilizers or chemical fertilizers, cereal products, parts of lighting equipment, advertisements, signs etc, mixtures of odoriferous substances for the food or beverage industry, and electrical materials.

The commercial promotion office of PROCOMER in Trinidad and Tobago offers its services to both Costa Rican exporters and Caribbean importers. Some of the services provided by the office are: face-toface and virtual business agendas, trade missions, business contacts, and general business support for entrepreneurs.

In PROCOMER you have an ally for your business.

Contact us, it will be a pleasure to serve you.

PROCOMER Email: caricom@procomer.com Tel: 822-6085 Address: Solus Business Centre, 29 Long Circular Road, St James