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Virtual signing with Manuel Tovar-Rivera, Costa Rica Minister of Foreign Trade and Mary Ng, Canadian Minister of International Trade.
- Photo via Canadian Minister of International Trade -


Costa Rica joins trades with Canada



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Published on Wednesday, May 17, 2023
By the A.M. Costa Rica staff



On Tuesday, Costa Rica joined two new trades with Canada, the Global Trade and Gender Arrangement (GTAGA) and the Inclusive Trade Action Group (ITAG). 


According to the Canadian Minister of International Trade, Export Promotion, Small Business and Economic Development, both trades are committed to creating opportunities to advance women’s economic empowerment and women’s opportunities.


In a virtual signing ceremony, led by Canadian Minister of International Trade, Mary Ng, was officially welcomed to Costa Rica, which was represented by Manuel Tovar-Rivera, Minister of Foreign Trade.


“We are happy to see the growing momentum of trade policies and practices that support opportunities for women in trade," said Minister Mary Ng. "Canada knows that including women in the economy is not only the smart thing to do, but the right thing. 


The agreement aims to work with Costa Rica to remove barriers to women’s economic empowerment and women’s participation in trade.



The ceremony was attended by representatives of other GTAGA members including Ecuador, New Zealand, Chile, Colombia, Mexico and Peru.

 

According to Global Affairs Canada, since 2020, GTAGA has been helping to increase women’s participation in trade and contributing to efforts to improve women’s economic empowerment. 


"GTAGA highlights Canada’s long-standing commitment to gender equality and recognizes the importance of mutually supportive trade and gender policies," said the ministry in its statement. 


Canadian authorities state that with the full inclusion of women entrepreneurs and business owners in the economy, the country could add close to $150 billion to its GDP. 


On a global scale, the full inclusion of women in the economy could add $12 trillion to the world’s GDP. Through the Women Entrepreneurship Strategy, an investment of close to $7 billion, Canada is providing access to capital, training and mentorship, and knowledge sharing for women entrepreneurs across the country to succeed.

 

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What other international treaty to support women should Costa Rica join?
We would like to know your thoughts on this story. Send your comments news@amcostarica.com






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