Costa Rica'S Foreign Trade Regulations And Policies

The government departments responsible for trade are the Ministry of foreign trade and the Ministry of economy, industry and commerce.

In addition, the foreign trade association (PROCOMER), which is affiliated with the Ministry of foreign trade, is responsible for five areas of trade promotion, including research and information, strengthening export capacity, export promotion, trade facilitation and investment convenience.

There are many laws and regulations. The main statute is the Trade Law (No. 3284th).

The law came into effect in May 27, 1964, and made provisions on company form and management, obligations and contracts, securities, bills of exchange, endorsement, auditing, cheque, letter of credit, bankruptcy and claims, and limitation period.

Costa Rica has the following provisions in respect of imports:

(1)

Procedures.

It is a member of the world customs organization. Its customs legal framework is based on the Central American customs code (CAUCA III), including the General Customs Act (Law 7557th of October 20, 1995) and the Customs General Act Amendment Ordinance (which is contained in Law No. 8373rd of August 18, 2003 and law 8458th of September 21, 2005).

(2) customs valuation.

According to Law No. 8013rd of September 5, 2000, Costa Rica implemented the WTO[micro-blog Customs Valuation Agreement (CVA) and joined the Central American customs cargo valuation regulations in the October 7, 2004 32082-COMEX-H implementation Ordinance promulgated.

(3) Rules of origin.

Costa Rica, as a member of the Central American community, applies preferential policies of origin, and applies preferential policies of origin to the products of Canada, Chile, Dominica, Mexico and Panama within the scope of trade agreements.

(4) customs duties.

Costa Rican tariffs consist of two parts: first,

Its policy framework is the Central American tariff system. The HS classification code is adopted. The new version of the HS amendment is adopted in January 1, 2007. The two is the 1% surcharge based on the 6946th law.

(5) import licensing, restriction and prohibition.

Costa Rica abolished import licensing in accordance with law 7473rd in 2001.

The general law on the allocation of import tariff quotas in 2003 was revised in February 8, 2005.

(6) anti-dumping, countervailing and trade protection.

The relevant legal framework is based on the WTO regulations and the 24868-MEIC act.

The Act No. 30637-MEIC of August 12, 2002 stipulates the functions of the office of unfair trade and protection measures.

(7) technical standards.

Costa Rica implemented the law of quality system (Law No. 8279th) in May 21, 2002.

(8) inspection and quarantine.

The Plant Quarantine Act (Law 7664th) and the animal safety protection act (Law No. 8495th) were implemented in June 16, 2006.