Costa Rica has announced plans to open a trade representative office in Dubai which will aim to enhance economic cooperation and boost trade and investment flows between the Latin American country and the emirate.
Manuel González Sanz, Costa Rica’s Minister of Foreign Affairs and Worship, made the announcement during a meeting in San Jose which was attended by a delegation led by the Dubai Chamber of Commerce and Industry.
The new trade office will be hosted by Dubai Chamber and serve as a platform for promoting bilateral ties and identify opportunities in the Dubai market that Costa Rican companies can benefit from.
He also revealed that a high-level delegation from Costa Rica will be visiting the UAE next month.
Hamad Buamim, president and CEO, Dubai Chamber, said that Dubai's non-oil trade with Costa Rica reached $23 million in 2016, adding that this volume will likely grow following the opening of the new trade office.
Luis Guillermo Solís Rivera, President of the Republic of Costa Rica, identified hospitality, tourism, infrastructure logistics, and food industry as key areas where Costa Rican and Dubai-based businesses can enhance their cooperation.
The visit to Costa Rica is part of Dubai Chamber’s second trade mission to Latin America this year, which also covers Panama and Colombia.
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