Luxury Villas & Suites in Costa Rica
  • A Suite Deal in Costa Rica

    Filed under Uncategorized
    Jun 18

    Recreo Costa Rica, for this weekend only is offering a 7th Night Free promotion, reservations must be made between now and November17th, 2010 or from January 2011 to November 17th, 2011.

    Reserve 6 nights and get your 7th All inclusive night for absolutely free… Restrictions apply; contact Recreo at: 1-877-268-2911 or visit us on the Internet: http://www.recreocostarica.com…. And now for the Sweet part of the story…..

    No More US Tariffs On Sugar Imports From Costa Rica

    On Monday June 14th, 2010, the United States announced the lifting of tariffs on sugar imports from Costa Rica, lifting the last barrier in the regional free trade deal, the Central America Free Trade Agreement (CAFTA) orĀ  Tratado de Libre Comercio (TLC) locally.

    Costa Rica was the last country in Central America to join the free trade deal in January 2009 and then seeing its legislature drag its feet in implementing reforms required under the agreement.

    And it was that delay that prompted the US to suspend tariff-free sugar imports this past January.

    Costa Rica’s sugar industry that exports on average between 130.000 and 140.000 tonnes of sugar a year, estimates losses from the US decision at up us$1 million dollars.

    Last April, Costa Rica’s legislature finally approved the last reform needed, the toughening of copyright laws to protect intellectual property rights.

    Now that the US restrictions are lifted, Costa Rica can sell up to 13.800 tonnes of sugar to the United States without duties, said the Costa Rican Foreign Trade Ministry.

    CAFTA groups five Central American Countries – Costa Rica, Nicaragua, Guatemala, Honduras and El Salvador and the Dominican Republic.

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