Costa Rican Foreign Trade Promoter

PROCOMER's mandate, as defined in its organic law, includes coordinating export and investment programs with guidance from the Executive and managing the country's free trade zone regime.

[1] While it enjoys budgetary flexibility due to its exclusion from annual spending limits,[6][7] it remains subject to oversight by the Comptroller General of the Republic, except for budget approval.

They noted that in the previous years, foreign trade had been the main driver of Costa Rica's economy, but the legislation governing the institutional framework was outdated.

During the 1990s, Costa Rica transitioned from an economy based on agriculture and manufacturing to one focused on attracting foreign direct investment through the expansion of special economic zones, the signing of international trade treaties, and globalization.

Article 8 of its organic law[1] stipulates that PROCOMER has the objectives and functions of designing and coordinating programs related to exports and investments in accordance with the guidelines set by the Executive.

Its responsibilities include providing technical and financial support to the Ministry of Foreign Trade to manage special export regimes, promoting the country's commercial interests abroad and defending them.

It tracks foreign trade statistics in coordination with relevant institutions, manages assets in trust, and enters into all contracts permitted by law to fulfill its objectives and functions.

[24][25] The agency also conducts market research to help Costa Rican companies identify international business opportunities[26][27] and provides training and guidance to help them develop export strategies.

[28] Additionally, PROCOMER is responsible for promoting foreign direct investment in Costa Rica, attracting companies and projects that contribute to the country's economic development.

[34] The plan is based on three pillars: attracting new FDI in established, emerging, and new sectors; providing support and advice in procedures, supplier management, new incentives, reinvestments, and the removal of obstacles to investment; and special programs outside the GAM, human talent and clusters.

Countries and territories where PROCOMER has offices (in blue) or executive representation (in green)