August 17, 2022

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Costa Rica after new export and tourism outlets in the UAE

These measures were the focus of Alvarado’s meeting with the Chairman of the Board of Directors of the Dubai Chamber of Commerce and Industry Abdul Aziz Al Ghurair. and other members of this entity, who proposed that Costa Rica be the logistics and trade hub between the UAE, Central America and the Caribbean.

Similarly, the UAE is the center of Costa Rica, giving preferential access to the markets of the Middle East, North Africa and South Asia, for which it has agreed to form a joint working committee to promote it.

Among the sectors of opportunity for Costa Rica identified by the Dubai Chamber are tourism, pharmaceuticals, food products, logistics.

Casa Presidential indicated that His Excellency the President celebrated the development of relations between the UAE and Costa Rica, expressing his deep gratitude to the UAE government for its continuous desire to strengthen mutual relations and encourage investment in various sectors that Costa Rican companies can benefit from.

Data from the UAE Ministry of Economy shows that since the opening of the embassy in Abu Dhabi in 2017, bilateral trade has increased from $19.8 million to $35.8 million in 2020. From this, Costa Rica’s exports rose from $16.4 million in 2017 to $26.7 million in 2020, and the life sciences market was the main segment.

For this reason, last year the UAE was the second most important market for Costa Rica’s exports in the GCC, after Saudi Arabia, and currently serves as a re-export center to that region.

Later, Alvarado held a meeting with the ruler of Ras Al Khaimah, Sheikh Saud bin Saqr Al Qasimi, to strengthen diplomatic and commercial relations with this emirate that places great emphasis on ecotourism, being one of its main sources of work.

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The President, Casa Presidential, said that the sustainability of the hotel industry and the image of the country/principality depend to a large extent on the harmony between its strong development to attract new market areas such as the state of digital nomads, wellness culture and medicine. tourism.

The source said that they agreed that tourism was one of the sectors most affected in the two countries by the Covid-19 virus, and for this reason they highlighted the need to promote ecotourism to revitalize the sector in line with sustainability.

Alvarado visited the Tourism Development Center in the Arabian Gulf to plant a yellow guaiacan tree as a symbol of the importance of sustainability and concern for the environment, and to ratify the friendship and cooperation relations between Costa Rica and that emirate.

mgt / ale