No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePacheco Softens Stance On Submitting CAFTA

Pacheco Softens Stance On Submitting CAFTA

IN the face of mounting pressure from the business sector and many legislators, President Abel Pacheco announced Sept. 8 that he would consider sending the Central American Free-Trade Agreement with the United States (CAFTA) to the Legislative Assembly after his Council Of Notables turns in its analysis of the document today.This signals a departure from the President’s long-held position that he would wait for the assembly to pass his pet project, the Permanent Fiscal Reform Package.However, the tax reform was bumped from first to third place on the legislative agenda last week only days after Assembly President Gerardo González announced he would hold up work on the bill unless embattled Finance Minister Federico Carrillo stepped down (TT, Sept. 17). The President also received a letter signed by 38 legislators demanding he submit CAFTA in a timely manner.His change of position may be a tactical move designed to ensure legislators don’t oppose the tax plan as a way to delay CAFTA discussion, according to Juan José Vargas, vice-president of the assembly.“Because (some legislators) don’t want a free-trade agreement with the United States, they don’t approve the fiscal plan,” Vargas said in a statement from Casa Presidencial.CAFTA detractors responded to news of Pacheco’s new stance by announcing plans to hold a protest march Sept. 20, the day the President and his Cabinet will review the Pacheco-appointed council’s conclusions. The Patriotic Education Union announced Wednesday that workers from the state telecommunications and insurance companies – both state monopolies that would be opened up to competition under CAFTA – as well as other unions, student groups and government workers, will join in the protest.

Trending Now

Mother’s Day Is a Full National Holiday in Costa Rica

Today is Día de la Madre, and it is a full national holiday in Costa Rica, not just a greeting-card occasion. Public offices are...

Costa Rica Expands Online English Classes to 100 Rural Schools

More than 2,000 children in rural Costa Rican communities are now receiving English lessons through a technology-based program that connects small schools with specialized...

One of Costa Rica’s Must-Do Trips: The Water Taxi from Sierpe to Drake Bay

There are some trips in Costa Rica where the journey is every bit as memorable as the destination. The water taxi from Sierpe to...

General Cañas Highway Lane Closures Begin Monday in Costa Rica

Drivers using the General Cañas Highway between Alajuela and San José should prepare for additional congestion beginning Monday as crews carry out eight days...

Why Spending US Dollars in Costa Rica Can Be Surprisingly Difficult

When money is the subject, I am as old school as anybody. Cash is king in my world. The thrill, the feel of a...

U.S. and Costa Rica Discuss Deeper Security Cooperation

U.S. Secretary of State Marco Rubio spoke with Costa Rican President Laura Fernández today as the two countries look to deepen security cooperation amid...

Costa Rica Study Examines How Water-Resistant Sunscreen Affects Body Heat

Some water-resistant sunscreens may slightly reduce the body’s ability to cool itself during prolonged exercise in hot conditions, according to research conducted at the...

Man Allegedly Collected North American Woman’s Pension for 20 Years

Costa Rican prosecutors are investigating a man suspected of collecting about $800,000 from the pension of a North American woman who died more than...

Costa Rica Closes Turrialba Volcano and Guayabo Monument Due to Heavy Rains

Two popular to visit in the Turrialba area have closed temporarily as continued rainfall and saturated ground raise the risk of landslides and other...
Avatar
🌴 The Weekly Pura Vida

Costa Rica, Once a Week

The week's top stories, weather & insider tips — delivered every Sunday. One email, zero clutter.

🔒 Free. No spam. Unsubscribe anytime.

Loading…

Latest News from Costa Rica

Costa Rica Coffee Maker Chorreador
Costa Rica Car Rentals
Costa Rica Travel Insurance
Costa Rica Travel