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.
You may be interested
Alajuelense eliminated in the Costa Rican ClausuraAFP and The Tico Times - April 21, 2019
Liga Deportiva Alajuelense tied 2-2 against the reigning champion, Club Sport Herediano, and was eliminated from the semifinals of the…
Costa Rica bets on ending fossil fuel use by 2050Marco Sibaja / AFP - April 21, 2019
Eric Orlich and his wife Gioconda Rojas own two electric vehicles, which they charge at home in the garage thanks…
Pic of the Day: Costa Rica’s Isla Nublar (aka Cocos Island)Alejandro Zúñiga - April 18, 2019
Isla Nublar, the setting for much of the "Jurassic Park" series, is unfortunately not a real Costa Rican island. Cocos…