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

Camera Traps Track Jaguars in Costa Rica’s Tortuguero

Camera traps installed along Costa Rica’s Caribbean coast have identified 11 individual jaguars in and around Tortuguero National Park, offering researchers a closer look...

Landslides Close Costa Rica’s Route 32 Between San José and Limón

Costa Rica’s main highway between San José and the Caribbean remained closed this morning after heavy rain triggered landslides at several points along...

Costa Rica Red Cross Considers Ending Overnight Shifts at 20 Branches

The Costa Rican Red Cross is considering eliminating overnight shifts at 20 local branches as financial pressure continues to affect its emergency-response network. The...

Booking a Red Taxi on Uber in Costa Rica Can Cost 2.5 Times More

If you open Uber in Costa Rica and tap the red taxi option, check the price before you confirm. On a longer ride, it...

Francisco Cerúndolo Falls in Shanghai as Breakthrough 2026 Season Faces Another Test

Francisco Cerúndolo's run at the Shanghai Masters ended Sunday with a 6-3, 3-6, 6-2 loss to Czech player Jakub Menšík, bringing another early finish...

New Details Reveal Political Contacts of Producers in Costa Rica Money-Laundering Probe

New details emerging from Costa Rica’s investigation into alleged drug-money laundering through concerts show that two prominent event producers detained this week had recent...

Magnitude 7.6 Quake Centered in Panama Is Felt Across Most of Costa Rica

A powerful earthquake centered in southern Panama shook much of Costa Rica today. The long, rolling motion sent people out of homes and offices...

Costa Rica’s Grecia to Get New Wyndham Hotel

Wyndham Hotels & Resorts has announced plans to open a 168-room hotel in Grecia, by 2028, bringing another international hotel brand to an area...

Fruit, Roadside Traditions and the Seasons of Guanacaste

I’m not good with exact dates. Ask me when my boys were born or when I got married and you’ll see an uneasy look...
Loading…

Latest News from Costa Rica

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