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To: craig crawford who wrote (414)7/2/2001 2:13:38 PM
From: craig crawford  Read Replies (1) | Respond to of 1643
 
Monday July 2, 8:52 am Eastern Time

Costa Rica hopes frog's legs, coconuts spur trade
biz.yahoo.com

By Daniel Brenes

SAN JOSE, Costa Rica, July 2 (Reuters) - With global crises hammering its main exports of bananas, coffee and microprocessors, Costa Rica has turned to alternatives such as frog's legs and coconut milk to try and stem the sharp drop in export income this year.

BANANAS AND COFFEE

Costa Rica, the second biggest banana producer in the world, saw exports of the fruit fall 12 percent in the first five months of the year, for a total $197 million in the period, partly due to low production because of cold weather. Duenas said it was still unclear whether a European Union pledge to open up access to Latin American banana imports starting July 1 would boost the local market. ``We are cautious about the beginning of the new European Union banana import regimen, which is so far only a theory,'' Duenas said. He added that while Costa Rica is working with other coffee producers on a series of measures to try to boost world coffee prices, there are no guarantees.