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A delegation from the Korea Central America & Caribbean Business Council has travelled to Costa Rica to help spur trade between the two countries.

Costa Rican exports to South Korea totalled just US$11mn in 2004, leading to a US$115mn deficit with the Asian country.

South Korean autos accounted for almost a third of all Costa Rican imports. In 2004, South Korea invested US$3.2mn, according to the external relations ministry of Costa Rica.