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Published Tuesday, May 28, 2019
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President Alvarado meeting to Chancellor Angela Merkel and President of Germany, Frank Walter Steinmeier.
/ Casa Presidencial courtesy photo




German investors will come to
the country, says government



By the A.M. Costa Rica staff

"A German trade mission will soon visit Costa Rica with the goal of expanding investments and supporting the development and economic reactivation in our country," announced the government in its report on the tour of President Carlos Alvarado in Germany.

The announcement was made after a meeting between President Alvarado the Federal President of Germany, Frank Walter Steinmeier.

The German government will organize a trade mission to Costa Rica for meetings with Costa Rican businessmen/women in areas such as biotechnology, agricultural technology, and food. The government has not yet announced a specific date on the arrival of German investors or the companies they are interested in visiting.

During at the meeting between the two presidents, other topics were discussed including the situations in Nicaragua, Venezuela, the migratory crisis and the experience of Germany in its attention to migrants.

The president met with Chancellor Angela Merkel. " I am very grateful to meeting Chancellor Angela Merkel, who welcoming us today and allowing us to strengthen the historic ties with Germany, a country that has a partner and friend in Costa Rica," said President Alvarado.

President Alvarado's tour ended with a speech at the Trade Chamber of Germany where he talked about the advantages of Costa Rica for investors, as: "Strong institutions, stability, democracy, sustainability and respect for human rights that, at the same time, is open to commercial alliances around the world."

According to the statistics of the government:

- The commercial relationship between the countries began in 1850.

- Trade between Germany and Costa Rica is valued at $542 million.

- Exports to Germany are $127 million per year.

- 144 Costa Rican companies export to Germany.

- The country imports medicines, vehicles; medical devices, among others from Germany


On Monday, as A.M. Costa Rica reported, the first day of  President Alvarado tour to Germany, President Carlos Alvarado, the goal of his trip is to expand cooperation between the two countries.

The president is traveling with:

- Manuel Ventura, Minister of Foreign Affairs.

- Dyalá Jiménez, Minister of Foreign Trade

- Luis Adrián Salazar, Minister of Science and Technology

- Lydia Peralta, Minister of Telecommunications

 
President Alvarado and  his delegation will be finish the tour in Germany on Wednesday and then to El Salvador to attend on the inauguration of new Salvadorian president President-elect Nayib Bukele on Saturday, June 1.

Also this year, the president toured in the U.S. from the 10th to the 15th of March, visiting some of the country's most important company looking for investment for the country.

President met senior executives from Starbucks, Microsoft, Amazon, Virtual Human Interaction Lab at Stanford University, Google, Samsung, Hewlett Packard, National Aeronautics and Space Administration, and the World Economic Forum.

On that tour, the president traveled in the company of Jorge Sequeira, general director of the Costa Rican Coalition of Initiatives and Dyalá Jiménez, Minister of Foreign Trade.








 




 



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What could be the best attraction in the country for German investors?  We would like to know your thoughts on this story.  Send your comments to: news@amcostarica.com













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