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    - Photo via ICE -
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Published on Tuesday, August 23,
2022
By the A.M. Costa Rica staff
The U.S. government, through the U.S. The Trade and Development Agency, ITA, signed a $723,000 non-reimbursable funds cooperation agreement for the Electricity Institute (ICE), the organization announced.
ITA is part of the U.S. Department of Commerce as the premier resource for the U.S. Department of Commerce.
While the ICE is the Costa Rican government-run electricity and telecommunications services provider. Together with the Radiographic Costarricense SA (RACSA) and Compañía Nacional de Fuerza y Luz (CNFL), they form the ICE Group.
According
to the institute, the agreement was
signed by Cynthia Telles, Ambassador to
Costa Rica and Marco Acuña, president of
the institute.
Also present at the agreement signing meeting was Marisa Lago, the U.S. Under Secretary of Commerce for International Trade.
The capital subsidized by the United States "will be used to finance future technical assistance for the development and implementation of a system for diagnosing and monitoring the infrastructure of the generation, transmission and distribution businesses," the institute said in its statement.
In
addition, the meeting discussed
topics such as "the renewable
electricity matrix and the
opportunities of climate change, as
well as connectivity, new
technologies and data location,
among other points," the institute
said. According
to the embassy, this capital "will
finance the feasibility studies for
the execution of a system that
allows evaluating and modernizing
the operation of the electrical
network." Under
Secretary Lago was leading a trade
mission of several U.S. companies in
Costa Rica to promote U.S. exports
in the region and strengthen
bilateral trade relations.
“Central
America is home to crucial export
markets that offer immense
opportunities for U.S. businesses
and workers across industries,”
Under Secretary Lago said. “I look
forward to supporting our exporters
and their workers, advocating for a
stronger commercial environment, and
working to ensure that the benefits
of trade reach more broadly and
equitably across both the United
States and Central America.” On
Monday, Lago led the Central
America Trade Mission and
Business Conference in San José. What industry in Costa Rica could benefit from the U.S. non-reimbursable funds? We would like to know your thoughts on this story. Send your comments to news@amcostarica.com
   
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