No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveGovernment Cancels CAFTA Event

Government Cancels CAFTA Event

Accused of trying to divide the country, the government cancelled an event this week to celebrate the signing of the controversial Central American Free-Trade Agreement with the United States (CAFTA).

Legislators and other prominent government officials were to be invited to the event, scheduled for Wednesday at the Mélico Salazar Theater in San José.

“Some sectors have told us that this ceremony could be misinterpreted, giving the impression that we were trying to revive divisions that split Costa Ricans during the referendum campaign,” Presidency Minister Rodrigo Arias said in a statement. “Nothing could be more wrong.”

President Oscar Arias will sign CAFTA, approved Oct. 7 in a national referendum, after the weekly Cabinet meeting next Wednesday.

The law will then be published in the official government newspaper La Gaceta, although it will not go into effect until the legislature passes 11 laws required to implement it. A fragile coalition of 38 pro-CAFTA legislators is now working to pass the 11 implementation laws before the Feb. 29 deadline, though Costa Rica can request an extension from the other signing countries.

Legislators have given initial approval to just one of the CAFTA laws, intended to regulate the relationship between foreign businesses and their representatives in Costa Rica.

Pro-CAFTA legislators sought to apply a new fast-track procedure this week to limit debate on perhaps the most controversial CAFTA law: a proposal to open the state telecommunications monopoly, the Costa Rican Electricity Institute (ICE), to competition.

 

Trending Now

Madison Keys Leans on Adelaide Success for Australian Open Repeat Bid

American tennis star Madison Keys arrived in Adelaide on Sunday, ready to tap into the success she found there last year. That victory at...

U.S. Real ID Rules Tighten for Domestic Flights, Impacting Costa Rica Travelers

U.S. airport security checkpoints have required REAL ID compliant identification for domestic flights since May 7, 2025, a rule that still catches some Costa...

Honduras Keeps Extradition Pact with U.S. After Trump Pardon

Honduran President Xiomara Castro pulled back the termination of her country's extradition treaty with the United States on January 10, just ahead of her...

Costa Rica Police warn of Rising Tourist Targeted Crimes After Violent Incident

Police in Guanacaste rescued four American tourists from a violent home invasion in Nuevo Arenal de Tilarán on Thursday evening. The confrontation with armed...

Property Owners in Costa Rica Face Strict January 15 Luxury Tax Cutoff

Property owners in Costa Rica have just days left to meet the deadline for the 2026 Luxury Home Tax. The Ministry of Finance issued...

Guanacaste Leads Coastal Recovery in Costa Rica Real Estate

Costa Rica’s real estate market heads into 2026 with steady footing after recent adjustments in high-end coastal areas. Buyers and investors find a landscape...
Avatar
Costa Rica Coffee Maker Chorreador
Costa Rica Coffee Maker Chorreador
Costa Rica Travel Insurance
Costa Rica Travel

Latest News from Costa Rica