No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchivePenultimate CAFTA Bill Clears Legislative Assembly

Penultimate CAFTA Bill Clears Legislative Assembly

Lawmakers have passed the 12th of 13 bills required to implement the Central American Free-Trade Agreement with the United States (CAFTA).

The bill, a series of amendments, will allow Costa Rica to enter into CAFTA 90 days earlier than the treaty now allows. It also changes rules of origin for two items of clothing: pockets and swimsuits for women who have had mastectomies.

For pants to cross borders tariff-free, the pocket must now come from another CAFTA country – Guatemala, El Salvador,  Honduras, Nicaragua, the United States or the Dominican Republic.

Swimsuits are now tariff-free no matter where their fabric comes from, said María Quince, director of the Costa Rican Textile Chamber, who rooted for the bill.

 

Trending Now

US Guarantee Letter Clears Final Hurdle for Macho Coca Extradition

The United States has delivered the written assurances Costa Rican courts required before Gilbert Hernán Bell Fernández, the Limón businessman known as "Macho Coca,"...

Costa Rica Proposes Major Overhaul of Courts and State Oversight

Lawmakers from Costa Rica's governing party filed a package of constitutional reform bills on Tuesday that would end the Comptroller General's power to block...

Where Fixed Internet Still Does Not Reach in Costa Rica

Nearly three in ten Costa Rican households have no fixed internet, and the gap sits in the rural and coastal areas that show up most often on relocation shortlists.

Costa Rica Targets Luxury Car Tax Evasion After Ferrari Case

A Ferrari declared for a fraction of its real value has become the poster case for a customs loophole that Costa Rica's vehicle importers...

Costa Rica Police Report Links 116 Officers to Criminal Groups

A confidential police intelligence report has flagged 116 Fuerza Pública officers stationed along Costa Rica's southern border, describing alleged collaboration with drug trafficking, liquor...

Costa Rica Prices Fall Again as Inflation Remains Below Zero

Consumer prices in Costa Rica fell again in July, reversing two months of increases and keeping the country in a prolonged period of negative...

Costa Rica Orders AyA to Compensate Customers Over Excess Water Charges

An audit put improper water, sewer and hydrant charges at roughly â‚¡65.4 billion and gave AyA and Aresep until June 2027 to define how customers will be paid back.

Former Herediano Executive Pleads Guilty in U.S. Gambling Case

Michael Lawrence Brannon, a U.S. businessman who previously held an ownership stake and board position in the group that managed Club Sport Herediano, has...

Renting Versus Buying in Costa Rica and How to Decide

One longtime foreign resident of Costa Rica could buy a house or a condominium outright tomorrow. He has the cash, he has been here...
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