Colombia and Costa Rica agree to seek free trade agreement

Colombian President Juan Manuel Santos announced on Friday that the governments of Colombia and Costa Rica signed a treaty signaling the first step toward a free trade agreement (FTA) between the two nations.

In addition to economic matters, both leaders, accompanied by their secretaries and ministers of business, environment and security, discussed such bilateral interests as the fight against drug trafficking and the environmental of the two oceans that touch both of their shores.

Costa Rican President Laura Chinchilla additionally signaled her desire to eliminate visas for Colombians entering Costa Rica. She hopes to finalise the details of the FTA before the end of the year.

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