Costa Rica bananas continue favourable EU trade
Notably bananas will maintain tariff advantages on entry to Europe. The EU is the second-largest trading partner for Costa Rica. In 2011, exports totaled some $1.8 billion, representing 19 percent of total exports. The number of products exported to Europe was 806, from 547 companies, according to the Foreign Trade Ministry.
A total of 12 nations will leave the European system of benefits known as Generalized System of Preferences, after having been cataloged in recent years as economies of upper-middle income by the World Bank
Source: ticotimes.net
