Costa Rica–Mexico relations peaceful resolution. This was known as the "Pacto de la embajada de México". The war ended in April 1948 and Costa Rica entered into its 'Second Republic.' During the central-American wars taking place in neighboring El Salvador, Guatemala and Nicaragua; both Costa Rica and Mexico led mediation dialogues between warring factions in each nation in order to bring peace and stability to the region. Mexico (along with Colombia, Panama and Venezuela) created the Contadora Group which helped create the framework for the Esquipulas Peace Agreement, led by Costa Rica's President Oscar Arias. Presidential visits from Costa Rica to Mexico Presidential
Costa Rica and the World Bank Rica for quite some time. With the first project being in 1956, the World Bank was able to maintain buildings within the country until 1990. The World Bank office in San Jose had closed in 1990 due to unwelcoming political climate at the time. Costa Rica shifted to ecomarket projects, since environmentally cautious policies was important within this country, but at the time the World Bank had no presence. These events all lead to the World Bank making another effort to support Costa Rica and try to reenter. The World Bank entering back into Costa Rica was an easy decision