Caribbean Trade Pact Advances in Congress

September 24, 2004

AFTER two and a half months ofanalysis, the Legislative Assembly’sPermanent Commission on InternationalAffairs has presented its report on thefree-trade agreement between Costa Ricaand the 14-member CaribbeanCommunity (CARICOM).Committee members last week unanimouslyrecommended the assembly’s 57legislators ratify the agreement.Costa Rican President Abel Pachecoand Percival Patterson, Prime Minister ofJamaica, signed the trade pact March 9 inthe Jamaican capital of Kingston (TT,March 12). The agreement would reducetariffs and other trade barriers betweenCosta Rica and the Caribbean nations.Costa Rica exports an average of $70million in goods each year to the countriesof CARICOM and imports $17 million.“I am always cautious about thesefree-trade agreements, but I trust this onewill help us and the Caribbean expand ourhorizons,” said congressman Juan JoséVargas, of the Patriotic Bloc.The commission’s president, congressmanRolando Laclé of the ruling SocialChristian Unity Party, said the agreementwould benefit Costa Rica’s agricultureand dairy industries.The agreement can now be transferredto the floor of the Legislative Assembly.Legislators can vote to approve or rejectit, but cannot make any changes.

Facebook Comments

You may be interested

CREAR: Enjoy, don’t destroy
Pic of the Day
238 views
Pic of the Day
238 views

CREAR: Enjoy, don’t destroy

Alissa Grosskopf - October 22, 2018

The association CREAR in Sámara, Guanacaste helps create social change by hosting art and social activities for children. They also…

Silvia Baltodano: passion for Costa Rica`s musical theater
Weekend Arts Spotlight
890 views
Weekend Arts Spotlight
890 views

Silvia Baltodano: passion for Costa Rica`s musical theater

Iva Alvarado - October 21, 2018

The curiosity to meet artists at their workspace led me to Silvia Baltodano; an actress, singer, dancer, teacher, activist and…

The future of tropical forest restoration is community-led
Environment & Wildlife
1536 views
Environment & Wildlife
1536 views

The future of tropical forest restoration is community-led

Fabíola Ortiz - October 21, 2018

The future of restoring tropical forests should not be exclusively in the hands of governments, argues Rebecca Cole, director of…