Second CAFTA Bill Passes Legislature
Legislators passed the second of 11 bills required to implement the Central American Free-Trade Agreement with the United States (CAFTA) this week.
Under the bill, companies that engage in corruption will be shut down for up to five years and their concession cancelled. People who bribe public officials, as well as officials who accept bribes, will go to jail for two to eight years. The bill also protects people who expose corruption.
The bill was approved unanimously Wednesday in one of the assembly´s three 19-member committees that have the power to pass laws. Legislators from the anti-CAFTA Citizen Action Party (PAC), voted for the bill, which will become law once President Oscar Arias signs it.
Last month, legislators passed the first CAFTA bill, which will regulate the relationship between foreign firms and their representatives in the United States. The remaining nine CAFTA bills are more controversial.
You may be interested
Costa Rica immigration offices to remain closed until OctoberAlejandro Zúñiga - September 19, 2020
The Immigration Administration on Friday said its main and regional offices will remain closed until October due to the coronavirus…
Pic of the Day: Hopping into the weekendAlejandro Zúñiga - September 19, 2020
Happy weekend from all of us at The Tico Times! [caption id="attachment_62085" align="aligncenter" width="740"] (Courtesy of Brian Kubicki)[/caption] [caption id="attachment_111342"…
Top dental clinics in Costa Rica meet patient needs in the age of COVIDVayolla Quiros / Goodness Dental - September 18, 2020
The Centers for Disease Control and Prevention (CDC) released its guidelines for dental settings in response to the COVID-19 pandemic.…