HomeArchiveTrade Official Outlines Complementary Agenda

Trade Official Outlines Complementary Agenda

DORIS Osterlof, the Vice-Minister of Foreign Trade, met this week with representatives from various business sectors and the press to explain in detail the collection of loans and associated development programs known as the Complementary Agenda for the Central American Free-Trade Agreement with the United States (CAFTA).The agenda is intended to strengthen Costa Rica’s ability to compete if CAFTA is ratified by the Legislative Assembly. Osterlof emphasized that what has often been referred to as the Complementary Agenda – $355.4 million in loans under consideration in the assembly – is in fact only the part of the agenda for which funding has already been arranged, and that more programs will be unveiled in the future as more funding is obtained.Osterlof said preparation for CAFTA needs to be thought of as a long-term process, pointing out that trade changes under CAFTA are implemented gradually over a period of 10 years, and the Complementary Agenda does not have to be “everything at once.”The Vice-Minister’s repeated assertions that the programs unveiled to date do not constitute the entire agenda come after a report recently released by President Abel Pacheco’s Council of Notables said the government’s agenda does not do enough to prepare the country for changes under CAFTA (TT, Sept. 30). Pacheco formed the five-member council to analyze the text of CAFTA and how the pact would affect Costa Rica.Osterlof described in detail only the components of the agenda pertinent to the Trade Ministry – programs aimed specifically at strengthening the competitiveness of businesses that produce both for export and for internal consumption, and at strengthening public institutions to handle the changes CAFTA would bring about.

Trending Now

Heavy Rains Threaten Costa Rica’s Cacao Harvest in the Caribbean

Heavy rains in Costa Rica’s Caribbean region are damaging cacao plantations and could reduce harvests for months to come, with some producers in Talamanca...

US Military Plane Flies 45 Tons of Seized Drugs Out of Costa Rica

Costa Rica sent 45 tons of seized drugs to the US on a military jet after prosecutors said budget limits prevented destroying them at home.

Bryan Ruiz Debuts as Costa Rica Coach With Nations League Survival at Stake

Bryan Ruiz coaches Costa Rica for the first time tonight against Nicaragua, with Keylor Navas back and Nations League relegation at stake.

Can environmentalism in Costa Rica learn lessons from the past?

Does the rise of populism in Costa Rica mean the end to the country’s green credentials? Perhaps, but it doesn’t have to be that...

The Costa Rica Bike Ride I Was Lucky to Survive

Two anonymous Ticos once prevented me from doing one of the more insane things I have ever thought of doing in my life. It...

U.S. Embassy in Costa Rica Denies Visa Rumors Involving Rodrigo Chaves

Last night, the U.S. Embassy in Costa Rica rejected rumors that Washington had revoked visas belonging to serving government officials, following social media posts...

Costa Rica Authorities Find Dock Inside Protected Río Tárcoles Area

Environmental authorities are preparing legal action after inspectors found a long walkway, dock and floating platform extending into a protected area along the Río...

El Niño Could End Costa Rica’s Rainy Season Early This Year

El Niño could end Costa Rica's rainy season early. Here is what an 80% September rain shortfall in Guanacaste means for your water and plans.

Ciudad Quesada–Aguas Zarcas Road Closed for Weeks After Collapse

Anyone traveling between Ciudad Quesada and Aguas Zarcas will need to use alternate routes for at least a month after heavy rain washed out...
Loading…

Latest News from Costa Rica

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