Costa Rica prioritises Indo-Pacific trade over EU-Mercosur, says trade minister

Costa Rica prioritises Indo-Pacific trade over EU-Mercosur, says trade minister

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Costa Rica prioritises Indo-Pacific trade over EU-Mercosur, says trade minister
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Costa Rica aims to join the Indo-Pacific trade agreement (CPTPP) by year-end, prioritizing it over the EU-Mercosur deal. Trade Minister Manuel Tovar highlighted the CPTPP as a significant opportunity amidst global trade tensions. The agreement, involving multiple countries, seeks to enhance trade and economic integration. The EU has shown interest in joining, which could make it the largest trade bloc by GDP. Costa Rica is also pursuing various trade negotiations but does not prioritize joining Mercosur at this time.

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