No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveFree-Trade Agreement Controversies Continue

Free-Trade Agreement Controversies Continue

THE Costa Rican-American Chamber of Commerce (AmCham) this week issued a statement saying the U.S.-Central America Free-Trade Agreement (CAFTA) requires only a simple majority of 29 of 57 votes in the Legislative Assembly to be ratified.

In recent weeks, legislators and legal analysts have argued about how many votes CAFTA needs to be approved here.

Under Costa Rican law, the approval of laws that don’t affect the country’s Constitution require only 29 votes in favor. Reforms to the constitution require a qualified majority of 39 votes.

In general, CAFTA proponents have argued the treaty requires only a simple majority. Opponents of CAFTA have said the treaty requires a qualified majority since it will dramatically change the country by opening its telecommunications and insurance monopolies (TT, Oct. 31, Dec. 19, 2003) and require the country make significant legislative changes.

Despite these arguments, the Supreme Court has not issued a formal ruling on the number of votes CAFTA needs to be approved.

AmCham and its sister organizations in Guatemala, El Salvador, Honduras and Nicaragua represent approximately 80% of U.S. businesses that invest in Central America.

AmCham Costa Rica also announced it was “very pleased” with U.S. President George W. Bush’s decision to formally notify the U.S. Congress about the conclusion of CAFTA negotiations (TT Daily Page, Feb. 25).

In related news, Universidad Nacional (UNA) in Heredia, the country’s secondlargest public university, has publicly come out against CAFTA, calling its potential approval and implementation a “coup d’ etat.”

According to Henry Mora, of UNA’s School of Economics, CAFTA is part of a neo-liberal ideology backed by nearly all the country’s business sector and conservative politicians, which attempts to impose a specific world vision in a nondemocratic manner.

Approving CAFTA would violate the country’s Constitution, Mora said this week.

 

Trending Now

UN Aid Targets Food and Water Crisis Across Central American Dry Corridor

The United Nations Central Emergency Response Fund (CERF) has released $10.5 million to help communities in Guatemala, Honduras and El Salvador prepare for severe...

Costa Rica Sees Ongoing Spike in Digital Fraud Tied to Travel and Payments

Costa Rica’s fraud problem is moving fast online, and travel is one of the clearest targets. What used to look like isolated scams now...

Costa Rica’s Poás Volcano Records Unusual Crater Collapse and Lake Surge

An unusual eruption inside Poás Volcano on April 10 sent ash into the air, pushed the crater lake up by as much as three...

Costa Rica Travelers Face Uncertainty as Spirit Airlines Nears Liquidation

Spirit Airlines, the ultra-low-cost carrier that has connected Costa Rica to the United States with daily flights to Fort Lauderdale and Orlando, is now...

The History of Pirate Raids Along Costa Rica’s Coast

Long before Costa Rica became synonymous with cloud forests and wildlife reserves, its coastlines were contested territory in one of history's most dramatic power...

Costa Rica Assembly Races the Clock on Sanction Against Fabricio Alvarado

The sexual harassment case that has dominated the final weeks of Costa Rica's Legislative Assembly reached its final stage on Friday, though with an...
Avatar

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel