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 a slow down in economic expansion, little job opportunities and lack of resources, especially in rural areas. Despite these challenges Costa Rica has been working with the World Bank to further move Costa Rica up the global ranks. Costa Rica has remained a strong and stable country within its region. Costa Rica has become one of the more wealthy countries in the region overall, being an upper middle income country with GDP per capita being US $13,876. Costa Rica differentiates from its neighbors by being relatively stable politically, providing high standards of living and affective social benefit systems. The countries