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Caribbean & Central America - 20 January 2004

COSTA RICA: Ready to close Cafta deal

The government is confident that it will clinch a free-trade deal with the US. It expects the deal to be sorted out at the final round of negotiations in Washington, which start on 20 January. Officials say that only four issues remain to be resolved, though these include the tricky ones of telecommunications and insurance. The other two issues are agriculture, always a thorny subject in trade negotiations, and textiles. The textile issue looks resolvable: the only sticking point is rules of origin for woollen and cotton goods made in Costa Rica.

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