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Costa Rica fishes for investment with Moody’s grade as bait

Wednesday, September 15, 2010

Costa Rica’s government will boost efforts to promote foreign investment with a mission to the United States led by the president, Laura Chincilla.

Chinchilla said Costa Rica has received “excellent” economic news recently.

Ratings agency Moody’s raised Costa Rica to investment grade. At the same time, two leading manufacturers of medical equipment, St. Jude and Abbott, announced major investments.

Original source (in Spanish): Efe