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

Costa Rica Named One of 10 Best Places for Gen Z Travelers Right Now

Travel + Leisure has named Costa Rica one of ten places it recommends for Generation Z travelers to visit right now, in a list...

Costa Rica’s President Says She Faces Nine Threats, One Involving a Sniper

President Laura Fernández said yesterday that she has received information about roughly nine alleged plans to attack her, including one she described as involving...

Costa Rica Tax Bill Would Allow Seizures Without Prior Court Approval

The Finance Ministry has asked Congress for the power to order, execute and auction seizures of a delinquent taxpayer's assets without first obtaining permission...

Costa Rica Police Allegedly Linked to Alias Diablo Face Arrest

Costa Rican investigators say they have identified members of the police forces who allegedly helped the criminal organization led by Alejandro Arias Monge, known...

Nicaragua to Brief Diplomats on Controversial Electoral Reform

Nicaragua’s government will brief foreign diplomats on a proposed reform aimed at excluding opposition parties from elections, co-president Rosario Murillo said Friday, following criticism...

Costa Rica Flooding Closes 267 Schools as Sarapiquí Evacuations Climb

If you live in Sarapiquí, Guápiles, Siquirres or the South Caribbean, today is not going to be a normal Friday. Schools are closed. Route...

Costa Rica Exhibition Reveals Hidden Meaning of Pre-Columbian Stamps

A new exhibition at the Museums of the Central Bank of Costa Rica is inviting visitors to view pre-Columbian stamps not simply as decorative...

Costa Rican Stabbed in Manhattan Attack Investigated as Possible Hate Crime

A Costa Rican citizen is among two men stabbed Thursday afternoon in a pair of attacks on Manhattan's Upper West Side that New York...

The Forensic Tool Costa Rica Lacks in Its Fight Over Illegal Gold Mining

A forensic technique Brazilian federal police are using to trace illegally mined Amazon gold points to a capability Costa Rica has conspicuously lacked in...
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