Sharjah, Costa Rica strengthen economic, cultural relations

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Sharjah and Costa Rica are looking at ways to enhance their trade relations
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  • The strong relations between Sharjah and Costa Rica are serving as a base for enhancing economic cooperation
  • The two sides can benefit through the mutual exchange of expertise in industries, culture, science, technology and economy

Sharjah’s Department of Government Relations (DGR) is strengthening ties with Costa Rica and encouraging investments between the two sides in several sectors.

In line with Sharjah’s continued endeavors to enhance cultural cooperation with nations and cities, DGR is building on the long-standing historical ties the emirate shares with Costa Rica to bolster and deepen diplomatic and cultural relations.

The strong relations between Sharjah and Costa Rica are also serving as a base for enhancing economic cooperation through the mutual exchange of expertise and collaboration across industries, culture, science, technology and economy.

Over the past year, the DGR has been welcoming high-level delegations from Costa Rica to explore collaboration prospects in the economic and foreign direct investment landscape of the emirate.

Recently a delegation led by Sheikh Fahim Al Qasimi, Chairman of DGR, visited Costa Rica to explore further opportunities for collaboration and knowledge transfer in trade, education and tourism.

In May 2022, the Sharjah delegation met Rodrigo Chaves, the newly elected President of the Republic of Costa Rica in the capital San Jose, to discuss ways to consolidate collaboration in key economic and development sectors.

The Sharjah delegation also held meetings with senior officials and also with Carlos Alvarado Quesada, former president of Costa Rica.

The meetings were held in the presence of Francisco Chacon Hernandez, Ambassador of the Republic of Costa Rica to the UAE.

Outlining how the sustainable development strategy of Sharjah, under the direction of Sheikh Sultan bin Muhammad Al Qasimi, Supreme Council Member and Ruler of Sharjah, has fostered resilience and continued growth in the emirate, Sheikh Fahim also discussed the shared commitment in the field of climate action.

The DGR Chairman lauded Costa Rica’s plan to protect its oceans and become a carbon-neutral country and called for boosting cooperation in sectors that will contribute to sustainable economic growth.

The delegation highlighted investment opportunities for SMEs and multinational entities to grow and capitalize on Sharjah’s strategic geographic location, modern transport and logistics infrastructure and its investor-friendly policies and services.

Sheikh Fahim also met with key officials of the Costa Rican Investment Promotion Agency (CINDE) and the Costa Rican Foreign Trade Promoter (PROCOMER).

The two sides discussed mechanisms for implementing joint economic projects and ways to reinforce the investment environment through harnessing innovation and technology in development projects.

In March this year, DGR hosted a high-level delegation from Costa Rica in Sharjah and discussed ways of strengthening economic partnerships and trade between the two sides while also reinforcing Sharjah’s global status as a top destination for investment, work and living.

In September 2021, DGR had organized a week-long celebration at The House of Wisdom in Sharjah to mark the 200th year of independence of Costa Rica and to honor the nation’s culture and diversity.

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