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Qatar considers investment options in Costa Rica

By: Editor
Published: January 27th, 2010

Costa Rica was the fourth and final stop Monday on Qatar Emir Sheikh Hamad bin Khalifa Al-Thani’s tour through Latin America, in a visit that included Argentina, Venezuela and Brazil.

The visit – the first by an Arab head of state to this Central American country – is expected to bring Qatari investment in fields such as technology, science and the economy in Costa Rica.

“It’s a new window we are opening for the Arab world; with a country that is very wealthy and with a personal friend of mine and a friend of Costa Rica,” said Costa Rica President Oscar Arias.

Arias announced plans to open an embassy in Qatar capital Doha in the coming months. Qatar officials said they, too, would open an embassy in Costa Rica.

The decision to open an embassy in Doha comes less than a year after Arias closed three (in Bolivia, Paraguay and Czech Republic) due to financial reasons. Arias also closed consulates in Puerto Rico and in Chicago.

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This entry was posted on Wednesday, January 27th, 2010 at 10:38 pm and is filed under Economy. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

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