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Regime change in Venezuela would open business opportunities for Costa Rica

There is no certainty that the Venezuelan political regime is about to change.
However, the events of the last few weeks would increase the likelihood of a transition to an economic system in which the market plays an important role, which encourages Costa Rican merchants.
Venezuela President Nicolas Maduro (left) and self-proclaimed president, leader of the opposition, Juan Guaidó. Photo montage by La Republica
Venezuela is a country whose oil resources are among the largest in the world, as well as vast tracts of fertile land, located just 1,000 kilometers from Costa Rica.
Meanwhile, bilateral trade has deteriorated in recent years, due to Venezuela’s internal problems.
Between 2012 and 2018, exports from Costa Rica fell by 93%, from US$82 million to US$5 million, according to Cadexco. Imports also decreased in

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Written by Q COSTARICA

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