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Korea and Costa Rica set groundwork for trade

Wednesday, August 22, 2012

Korea and Costa Rica agreed Tuesday to work together to lay the groundwork for launching free trade talks, saying their economies are mutually supplementary and have great potential for cooperation.

Korean President Lee Myung-bak and Costa Rican President Laura Chinchilla Miranda reached the agreement during talks in Seoul that also covered cooperation in green growth, regional security, and other bilateral and international matters.

Praising the Central American country for its high level of education, security and natural preservation, Lee also said its competitiveness would make "South Korean companies interested in making an investment in the nation," his office said.

Source: Korea Times