No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCAFTA Launch Approaches In El Salvador, Nicaragua

CAFTA Launch Approaches In El Salvador, Nicaragua

The controversial Central American Free-Trade Agreement with the United States (CAFTA) is tentatively scheduled to take effect March 1 between the United States, El Salvador, and possibly Nicaragua.

In Costa Rica, the yet-to-be-approved agreement is stalled in the Legislative Assembly – legislators announced they would postpone work on the pact until the name of the next President is officially announced (see separate article).

The other CAFTA signatories – Guatemala, Honduras and the Dominican Republic – have all ratified the agreement and are in the process of preparing their legislation for implementation. The agreement was originally set to take effect among the countries Jan. 1, but was delayed because of U.S. assertions that the signatories had not yet met the legislative requirements outlined in the agreement (TT, Jan. 6).

Costa Rica’s Legislative Assembly has been discussing the agreement since President Abel Pacheco submitted it late last year.

CAFTA was an important issue in the recent elections, particularly since the two leading candidates, Oscar Arias and Ottón Solís, hold different opinions on the agreement.

Arias, of the National Liberation Party (PLN), supports it and Solís, of the Citizen Action Party (PAC), maintains it should be renegotiated.

U.S. authorities insist this is not an option Costa Rica should count on. U.S. Ambassador Mark Langdale told The Tico Times earlier this month that the idea of renegotiation is “just not realistic” (TT, Feb. 17).

The financial weekly El Financiero reported this week that the United States and El Salvador had renegotiated a section dealing with quotas on sensitive agricultural quotas, including yellow corn, rice, dairy products and pork. The weekly reported that under CAFTA, multilateral sections can only be amended with the consent of all parties, but bilateral sections can be amended with the consent of the two parties concerned.

Elaine Samson, spokeswoman for the U.S. Embassy in San José, told The Tico Times that the text of the agreement does not make a distinction between amendments on multilateral and bilateral clauses.

“It says the annexes (the bilateral sections) are an integral part of the agreement, and all the parties have to agree on amendments,” she told The Tico Times, adding that “parties” are defined as countries where the agreement has been ratified and has taken effect. Since CAFTA has not yet taken effect in any countries, no amendments could have been made to date, she said.

Regarding the specifics of U.S.-Salvadoran conversations regarding agricultural quotas, Samson said the embassy’s Agricultural Office had requested additional information, but it was not made available by press time.

 

Trending Now

El Niño Drought Could Leave 16 Million Without Enough Food in Latin America

Drought caused by the El Niño climate phenomenon could leave 16 million people in Latin America without enough food, the regional director of the...

Costa Rica’s Two Biggest Soccer Clubs Meet Saturday Night in Alajuela

Costa Rica's two most popular soccer clubs, Alajuelense and Saprissa, play each other Saturday night in Alajuela. Kickoff is at 8 p.m. at the...

Argentine Hope Etcheverry Advances to US Open Second Week

Tomás Martín Etcheverry carried Argentina’s flag into the second week of the US Open on Friday, defeating countryman Mariano Navone 6-4, 6-4, 6-3 in...

Costa Rica Court Orders Protection Plan for Playa Blanca After 32-Year Delay

Costa Rica’s Constitutional Court has ordered environmental authorities to create a long-delayed management plan for the protected marine wetland at Playa Blanca, adding a...

Costa Rica Adds Booking.com, Expedia and ChatGPT to 13% VAT List

Costa Rica adds Booking.com, Expedia, ChatGPT and 17 more platforms to its 13% VAT list on September 8. Here is what changes on your card statement.

Panama Canal May Restrict Ship Traffic as El Niño Worsens

Panama Canal administrator Ilya Espino de Marotta says further cuts to daily ship transits remain possible as El Niño worsens drought and strains water supplies.

Guanacaste Bakes While the Caribbean Floods in Costa Rica’s Split August

August gave us two very different versions of Costa Rica’s rainy season, with unusually little rain falling around Liberia while parts of the Caribbean...

Watch Spider Monkeys Return to Costa Rica’s Nicoya Peninsula

A camera trap project on Costa Rica’s Nicoya Peninsula produced an unexpected discovery: Central American spider monkeys living wild in an area where the species had once disappeared.

Rincón de la Vieja Volcano Erupts Again in Costa Rica

The Rincón de la Vieja Volcano gave us yet another eruption yesterday afternoon, sending a column of steam approximately 1,000 meters, or 3,280 feet,...
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