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Costa Rica


Costa Rica legislators approve TLC with Korea
Negotiations for the Free Trade Agreement (FTA) with South Korea was begun by the Chinchilla administration (2010-2014), completed in 2016 and now only requires the President’s signature to go into force.
Precedent-setting ICSID arbitration award in favor of the Republic of Panama now final and binding
Claimants failed to seek an annulment of the 12 October 2018 award, which dismissed the totality of claimants’ claims against the Republic of Panama.
Costa Rica wins case against investors’ beach front property
ICSID tribunal rules Costa Rica was in its right to stop a tourist construction project on the Pacific coast that violated environmental laws.
Costa Rica and China sign agreement to encourage investment and commerce
Costa Rica and China signed a cooperation agreement regarding the Silk Road Economic Belt, a Beijing initiative that aims to encourage trade and investment.
S. Korea, five central American countries to discuss cooperation
The officials will likely discuss the impact that the trade agreement could have on their economic and business relations.
Costa Rica seeks to strengthen links with China
Costa Rica aims to strengthen e-commerce links with China and participate in the Belt and Road Initiative to enhance bilateral trade and investment.
Costa Rica taken to international court for breach of CAFTA treaty
US investors sue Government of Costa Rica under CAFTA free trade agreement for breach of treaty terms and conditions.
Costa Rica looking to UAE investments for the logistics sector
Costa Rica is trying to sign a bilateral investment treaty with the UAE.
Costa Rica seeks FTA with Japan
Costa Rica is aiming to reach a free trade agreement and an investment pact with Japan as part of the Central American country’s strategy to diversify its economy based on business-friendly but environmentally conscious development platforms.
S. Korea tentatively signs FTA with 5 Central American countries
South Korea and a group of Central American countries have tentatively signed a free trade agreement.
Costa Rica wins international arbitration against Zeta Gas
The ICSID Arbitral Tribunal has ruled that the Costa Rican government did not cause damage to the company of Swiss capital, Gas Nacional Zeta.
Arnold & Porter Kaye Scholer obtains ICSID victory for Republic of Costa Rica in Spanish investor’s emissions control dispute
The dispute arose out of a concession contract for the mandatory safety inspection and emissions control of motor vehicles.
S. Korea, Costa Rica agree to strive for early conclusion of FTA negotiations
The leaders of South Korea and Costa Rica agreed Wednesday to strive for an early conclusion of free trade negotiations between the Asian nation and six Central American countries
Costa Rica to capitalize on free trade agreement with Colombia?
The Free Trade Agreement (FTA) between Costa Rica and Colombia will become effective this August 1.
Costa Rica’s request to terminate Infinito Gold’s ICSID claim: brief reflections
On 24 July 2015, Costa Rica requested the termination of the arbitral proceedings that the Canadian Mining company, Infinito Gold filed with the Centre for the Settlement of Disputes between Foreign Investors and States.
Canadian mining company reorganizes to seek damages from Costa Rica
Infinito announced that it has secured funding from a lender to continue pursuing damages stemming from Costa Rica’s cancellation of the firm’s gold mining concession in 2011.
Gold mining company that sued Costa Rica files for bankruptcy
Zombie mining company that tried to sue Costa Rica for US$1 billion in lost profits folds.
Colombian Senate endorses FTA with Costa Rica
The Colombian Senate has approved a free trade agreement (FTA) with Costa Rica, a prerequisite for the Central American state to become member of the Pacific Alliance
Guatemala repeals plant breeder rights law
The Congress of Guatemala has repealed the controversial "Monsanto Law" which legalised property rights on plant varieties in accordance with CAFTA.
Norway ratified free trade agreement with Costa Rica and Panama
Free trade agreement with Costa Rica and Panama has been ratified by the Norwegian Parliament, granting Norwegian fish exporters the same terms and conditions as their competitors in the region, which implies they will operate on equal footing with countries such as Chile.