No menu items!

COSTA RICA'S LEADING ENGLISH LANGUAGE NEWSPAPER

HomeArchiveCosta Rica passes final bill needed for CAFTA

Costa Rica passes final bill needed for CAFTA

Costa Rica has cleared the last hurdle to joining the Central American Free-Trade Agreement with the United States (CAFTA).

Lawmakers this week passed the last bill required to enter the treaty, which also includes Nicaragua, Honduras, El Salvador, Guatemala and the Dominican Republic.

A Costa Rican delegation will meet with U.S. officials in Washington, D.C., this month to finalize the pact.

In addition to knocking down trade barriers, the treaty will strengthen intellectual property rights and open the state telecommunications and insurance monopolies.

Costa Rica signed CAFTA in May 2004. Voters approved it in a referendum in October 2007. It has been delayed by filibustering by opposition lawmakers.

Trending Now

Costa Rica Approves Budget Shift From Childcare and Housing Programs

Costa Rica’s Legislative Assembly has given final approval to an extraordinary budget that redirects ₡70 billion (about $154 million) previously assigned to childcare, nutrition...

How to Avoid Fake Weight-Loss Injections in Costa Rica

If you are shopping for a weekly weight-loss shot in Costa Rica, start with one fact that changes everything else: the drug most people...

How Costa Rica’s Forest Recycled a Dead Deer in Just Two Weeks

I probably shouldn’t have done this. That’s what I was thinking as I lay, flat on my back, in the middle of a trail...

Costa Rica Faces a Proposed 12.5 Percent US Tariff

Costa Rica is among 60 economies that the United States has targeted for new tariffs tied to a federal investigation into forced labor in...

Costa Rica Plans Integrated Train and Bus Network to Ease Traffic Congestion

Costa Rica's national railway institute is pushing to link the country's trains, buses, and taxis into a single coordinated network, a plan its backers...

Costa Rica’s Waldorf Astoria Named to Forbes List of Five Vacation-Worthy Resorts

Costa Rica's Waldorf Astoria Punta Cacique has landed on a short Forbes list of luxury properties the magazine says are worth building an entire...

Wildfire Smoke From Canada Casts Shadow Over World Cup Final

Smoke from hundreds of Canadian wildfires has added an unexpected health and weather concern to Sunday’s World Cup final between Argentina and Spain, although...

Costa Rica Investigates Development Inside Wildlife Corridor

Costa Rica’s Comptroller General has ordered immediate inspections of three properties in southern Costa Rica after satellite images revealed possible forest clearing, earthworks, new...

Costa Rica Hospitals Cancel Surgeries Amid Specialist Shortage

More than 199,000 patients were waiting for surgery in Costa Rica’s public healthcare system at the end of 2025 as a severe shortage of...
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