Canada - Costa Rica Free Trade Agreement

The Free Trade Agreement between Canada and Costa Rica entered into force on November 2002, fully or partially eliminating import tariff for most energy products and technologies, including: 

• Electric motors, turbines and generators; 
• Mechanical equipment including pumps, appliances, and other advanced machinery; 
• Electric accumulators, transformers, capacitors, batteries; 
• Motor vehicles; 
• Mineral ore, slag and ash; 
• Mineral fuels, oils and other products; 
• Metals and their articles e.g. iron and steel; 
• Semiconductors devices and photovoltaic cells; 

Rules of origin delineated in the Agreement include provisions preventing goods only undergoing minimal transformations in one of the signatory countries, or incorporating materials of external origin valued above 35% (according to the transaction value method) or above 25% (according to the net cost method) of the value of the good to benefit from the tariff treatment established by the Agreement.

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