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LatinNews Daily - 04 March 2026
In brief: Costa Rica opens trade and investment innovation office in Israel
*Costa Rica’s government led by President Rodrigo Chaves has announced the opening of a new office for innovation in trade and investment in Jerusalem by Costa Rica’s export promotion agency, Procomer. The move is in line with a free trade agreement (FTA) signed by both countries in December, ending a process of talks which began in 2023. A statement issued at the time by the Israeli government, which notes that Costa Rica holds 18 trade agreements with leading trade blocs worldwide, including the European Union, the US, China, and South Korea, states that under the new agreement, over 90% of tariff lines will be immediately abolished, and about 95% of products will receive benefits.
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