China News Service, February 9th. According to the South American Overseas Chinese News Network, Costa Rica President Carlos Alvarado recently stated that in order to protect the interests of farmers, Costa Rica will not join the Pacific Alliance (Alianza del Pacífico). ), this decision also changed the direction of former President Laura Chinchilla's previous efforts.
According to reports, the Pacific Alliance (also known as the Latin American Pacific Alliance) is an emerging economic organization in Latin America. The organization was established in Peru in April 2011 and its member states are Chile, Peru, Mexico, and Colombia.
The alliance aims to further strengthen the integration process in Latin America and vigorously promote the free flow of goods, services, funds, and people among member states.
The former President of Costa Rica, Laura Chinchilla, tried to push Costa Rica to join the alliance, but the current President Carlos Alvarado recently issued a statement saying that after joining the alliance, Costa Rica will have to immediately lower its membership. With a tariff of 92%, Costa Rica will not join the Pacific Alliance in order to protect the interests of farmers.
However, this decision was opposed by the export department.
The Costa Rican Exporters Association stated that after joining the Pacific Union, member states will greatly increase their direct investment in Costa Rica.
According to previous data, between 2010 and 2019, direct investment from these countries totaled 2.808 billion US dollars, accounting for 11.4% of Costa Rica’s total foreign direct investment. After joining the alliance, this number will continue to increase and promote The economic development of Costa Rica.