Costa Rica and Singapore to talk free trade

Daily News, Gillian Gillers

Costa Rica and Singapore will begin talks on a free-trade agreement, President Oscar Arias said yesterday in a move that will help cement his legacy as a strong proponent of trade liberalization.

Arias, who has long lobbied for greater economic ties with Asia, announced the news after meeting with Singapore President Sellapan Rama Nathan and Prime Minister Lee Hsien Loong.

Costa Rica's exports to Singapore last year totaled $31.5 million, while imports totaled $26.4 million.

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