STATE
TRADING
Question Posed By the European Union regarding
the new and full notification of costa rica[1]
The following communication, dated 9 May
2017, is being circulated at the request of the Delegation of the European
Union.
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The EU thanks Costa Rica for its
notification and would like to receive additional information on the Costa
Rican Petroleum Refining Company.
According to the notification,
RECOPE has the exclusive right to manage the State monopoly on the importation,
refining and wholesale distribution of crude oil and derivatives in order to
satisfy domestic demand. It is added that the importation and marketing of
fuels is a strategic national interest as the State intervention guarantees
effective control over fuel price policies.
Could Costa Rica elaborate
further how can the State guarantee effective control over the fuel prices and,
at the same time, acting in a manner consistent with the general principles of
non-discriminatory treatment?
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