The Embassy of Costa Rica to the Kingdom of Belgium, the Grand Duchy of Luxembourg and Mission of Costa Rica to the European Union, presents its compliments to the commercial chambers of Belgium, Luxembourg and those European commercial chambers present in Brussels and has the honor to transferring the invitation of the Costa Rican Foreign Trade Promotion Agency (PROCOMER) to participate in the Buyers Trade Mission, that will take place in San Jose, Costa Rica from September 17 to 19, 2019.

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DUE TO THE FISCAL BENEFITS GRANTED LAST YEAR FOR THE IMPORT OF ELECTRIC CARS, THE NUMBER OF UNITS THAT ENTERED IN COSTA RICA GREW FROM 40 IN 2017 TO 350 IN 2018.

 

Last year the Law of Incentives and Promotion for Electric Transport came into force, which brought fiscal benefits to the importation of electric cars; benefits such as the exoneration of 50% to a 100% on taxes for sales, consumption and customs, according to the import value of each car.

 

Not all the units were brand new, according to data from the Ministry of Finance, from the 350 electric vehicles imported to Costa Rica in 2018, 33% of them were second hand.

 

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Costa Rica has set out to lay the foundations of the new Costa Rican economy of the 21st century by creating a positive, innovative and inspiring vision of the future. An economy that responds to changes in the global context, moving towards a green economy, which promotes the sustainable use of natural resources.

 

Although the transition to a low-emission economy requires a profound transformation, it is worth noting that Costa Rica has made important progress in previous decades, including an electrical grid that is over 95% free of emissions and a very low rate of deforestation, with a forest cover that exceeds 52% of its territory.

 

However, the challenges are important and require transformational efforts, such as the development and implementation of one of the few decarbonization strategies in the world with short and long-term goals.

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