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

The Lifeguards Who Transformed Playa Dominical in Costa Rica

Playa Dominical has a well earned reputation as one of Costa Rica’s premier surfing spots. Its powerful and consistent beach break draws riders from...

Costa Rica Is Setting Tourism Records and Its Hotels and Restaurants Are Still Losing Ground

Costa Rica is taking in more tourists and more foreign currency than it ever has however, its hotels and restaurants are not doing well....

Four Seasons Costa Rica Unveils New Papagayo Suites

Four Seasons Resort Peninsula Papagayo has unveiled 10 new one-bedroom suites as part of a larger renovation of the luxury resort on Costa Rica’s...

Costa Rica Tightens Poás Volcano Visitation Rules After Eruption

Costa Rica has introduced new safety rules at Poás Volcano National Park after an eruption early yesterday morning, but the goood news is that...

Hearing in Costa Rica’s Biggest Fraud Case Keeps Failing to Start

Nearly seven years after the collapse of the brokerage Aldesa, the court proceeding that will determine whether 23 people stand trial has still not...

Canada is now the fastest growing source of tourists to Costa Rica

More Canadians are flying to Costa Rica this year than at any point on record, and the gap between them and every other market...

Costa Rica Psychedelic Retreat Industry Faces Fresh Scrutiny After Tourist Death

The 2024 death of an American tourist during a psychedelic retreat in Costa Rica has drawn fresh international attention after the New York Times...

Watch as Camera Thieves Impact Wildlife Studies in Costa Rica

Certain things are guaranteed when camera trapping in Costa Rica. Some things are magnificent, for instance, with enough time and even the smallest patch...

Ship Pays Record Amount to Cross Panama Canal Amid Drought Restrictions

A ship paid a record $5.3 million to cross the Panama Canal sooner, just days before a reduction in vessel traffic takes effect due...
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