Costa Rica China to explore creation of special economic zones

first_imgCosta Rica could find itself once again as a center of high-tech manufacturing, including cars and renewable energy equipment, after President Luis Guillermo Solís and Chinese President Xi Jinping signed a strategic partnership agreement that included future discussion of “special economic zones” in Costa Rica for Chinese enterprises, according to a statement from Casa Presidencial on Tuesday.Solís made the creation of high-quality jobs one of the cornerstones of his presidential campaign in 2014 and his National Development Plan, and said that he hoped the creation of such free trade zones could serve as a motor for economic development and new infrastructure, especially outside the San José Greater Metropolitan Area.The move may well be a bid for the next Intel, as the California-based microprocessor giant closed its manufacturing facility in Costa Rica that employed some 1,500 workers and accounted for 20 percent of the value of Costa Rica’s exports in recent years – about $2.4 billion, according to figures from the Foreign Trade Ministry.The Solís administration did not offer any specifics as to the benefits Chinese manufacturers or service providers could expect, but a statement from Casa Presidencial mentioned the free trade Economic-Technological Development Area in Tianjin, in northern China, as a possible model to export to Costa Rica. Solís specifically mentioned automobiles and solar panels as some of the possible products these zones could produce. A feasibility study examining the financial, geographic, environmental and commercial aspects of the proposal is expected by October.Foreign Trade Minister Alexander Mora, who is also traveling with the president in China, said that special economic zones would seek “anchor” businesses that could spark the growth of homegrown Costa Rican suppliers and other businesses around these areas, according to a statement.Mora added that Chinese investors see Costa Rica as a beachhead from which their products could enter new markets in Latin America and the Caribbean. Costa Rica is the only country in Central America and much of the Caribbean that has diplomatic relations with the People’s Republic of China instead of Taiwan.The trade minister said that the delegation was also seeking to increase exports to China by expediting the approval process for Costa Rican food products. Through the two countries’ free trade agreement, Costa Rica currently exports coffee, bananas, pork, and most recently, langostines to China.President Solís said Monday that he wanted more trade and fewer handouts from the world’s second-largest economy, but that didn’t stop him from accepting a $24 million donation in development aid from the Chinese government. Facebook Comments Related posts:President Solís calls for more trade, not just handouts from China China, Venezuela discuss energy, social development deals Costa Rica’s Solís calls for revival of free trade agreement with Canada Biofuels would be produced at Chinese refinery in Limón, says Costa Rica oil chieflast_img read more

Cardinals expect improving Murphy to contribute ri

first_img Cardinals expect improving Murphy to contribute right away D-backs president Derrick Hall: Franchise ‘still focused on Arizona’ What an MLB source said about the D-backs’ trade haul for Greinke Top Stories Because to the Cardinals, the Saints represent the true beginning of whatcould be something special. The defense is playing with a swagger theyseem to have earned with the way they finished the 2011 season, and theoffense, while a work-in-progress, may have the pieces to be fairlyexplosive. It’s just tough to show it when you have to hold back against yourteammates. It’s a necessary evil.“When we compete we get the best out of each other,” Bridges said. “Wekind of get on each other’s nerves as you all can see.“It gets real chippy in this night practice.”No kidding. Whether it was offensive players being upset with some hits that may havebeen too hard or defensive players not being very appreciative of somesmack talk — much of it courtesy of Mr. Bridges himself — the night wasfilled with an intensity normally reserved for games.Fortunately the first one is right around the corner. – / 21 Flagstaff, Ariz. — To a man, the Arizona Cardinals all say they cannot waittoplay the New Orleans Saints on Sunday.And no, it has nothing to do with “Bounty Gate”. The Cardinals have been practicing for a week now, and at this point aresimply tired of seeing the same faces staring at them from across the lineof scrimmage.“I’m looking forward to Sunday and actually hitting someone in a differentcolor jersey,” defensive lineman Calais Campbell said. Added offensive lineman Jeremy Bridges: “We’ve been in camp four dayslonger than everybody else, so it’s getting to that point where I need to seeanother helmet.”But first the Cardinals had to square off against one another under thelights atLumberjack Stadium as part of the annual night practice. While most of the evening was a standard run-of-the-mill practice, theend is when things got fun.The night finished with the team battling it out at the goalline, a drill thatalways gets the players and fans fired up. When all was said and done the offense had scored a few touchdowns andthe defense made a few stops. Who won the drill? Depends on who you askand on which side of the ball they play. Or, maybe, the Cardinals won. Period.“That competition’s good for everybody,” QB Kevin Kolb said. “When youget down there on the goal line like that, one and two, everybody knowswhat it’s about.“It’s a power game, it’s man-to-man and here we go.”According to Arizona Sports 620’sRon Wolfley, the defense won the day and John Skelton the battle ofthe QBs. But as has been the case all of camp, everyone understands little will bereally be won on the practice fields of Northern Arizona University. Thegames are what matter — even when they really don’t — and that’s whateveryone is looking forward to. Comments   Share   Nevada officials reach out to D-backs on potential relocationlast_img read more