Wednesday, September 05, 2007

Costa Rican Trade Minister to Attend Trade Fair in China

A Costa Rican delegation led by Foreign Trade Minister Marco Vinicio Ruiz will attend an investment and trade fair in Xiamen in east China's Fujian province from Sept. 8-11, Costa Rica's Foreign Trade Ministry said on Tuesday.

This will be the first time the Central American country takes part in an international investment and trade fair hosted by China.

Ruiz is expected to deliver speeches on the investment environment and infrastructure construction projects in Costa Rica in order to showcase his country's competitiveness as an investment destination and an ideal gateway to trade and businesses in the whole Central American region.

Trade and development promotion institutes in Costa Rica will also bring along information on trade and investment possibilities in their country at its exhibition area.

The bilateral trade volume between China and Costa Rica in 2006reached 1.08 billion U.S. dollars and China has become Costa Rica's second-largest trading partner, according to the statistics from the Costa Rican Foreign Trade Ministry.

The Costa Rican government has expressed hope that trade with China could double over the next three years.

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