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Latino Daily News

Wednesday August 24, 2011

Costa Rica and Mexico Strengthen Their Ties

Costa Rica and Mexico Strengthen Their Ties

Photo: Costa Rican President Chincilla in Mexico

Click Here to Enlarge Photo

Earlier this week, President Felipe Calderón of Mexico officially welcomed President Laura Chinchilla in Chapultepec.

During the ceremony, the president declared that Costa Rica and Mexico are countries that share values such as the love of democracy and peace. In the joint press conference, the president reported that the Strategic Partnership Agreement between Mexico and Costa Rica has came into effect. This will make it possible for the countries to advance in political dialogue, cooperation, trade and investment. He added that the two governments signed three agreements regarding security: an Extradition Treaty, an Agreement on the Exchange of Information and Experiences and an Act ratifying the Treaty for the Recovery of Stolen Vehicles and Airships.

In looking at the economic development of the two countries, the president highlighted the fact that bilateral trade has currently achieved $1.28 billion USD and that Costa Rica has become Mexico’s main trading partner in Central America.

The president ended by saying that as a result of the progress achieved by the Mesoamerica Project and within the framework of the Tuxtla Mechanism of Dialogue and Agreement Summit to be held in Chiapas, the governments of Costa Rica and Mexico have agreed that the issues that must be dealt with are: Electric and telecommunications interconnections, highway connections and health and housing programs.

President Calderón then hosted a luncheon in honor of President Chinchilla at the Citadel of Chapultepec Castle.