Costa Rica: Costa Rica to Join Pacific Alliance
Link to report:
The members of the Pacific trade bloc Alliance advanced Costa Rica’s bid for full membership, charting a course for Costa Rica to formally join Mexico, Colombia, Peru, and Chile in 2023. While Costa Rica expects membership will expand trade with Asian markets, FAS/San José expects near-term market access effects would be limited as Costa Rica has existing bilateral agreements with Pacific Alliance members. FAS/San José does not anticipate discernible changes to U.S. competitive positions in the Costa Rican following accession to the bloc.
