Second CAFTA Bill Passes Legislature

December 14, 2007

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.

 

Facebook Comments

You may be interested

Five things I learned while watching the sun set over El Clásico
Soccer
442 views
Soccer
442 views

Five things I learned while watching the sun set over El Clásico

Alejandro Zúñiga - October 22, 2018

TIBÁS — It’s difficult to enjoy a spectacular sunset while the concrete grandstand of a 50-year-old stadium shakes haphazardly under…

The Tico Times Weekly Digest: Oct. 22, 2018
Tico Times Weekly Digest
269 views
Tico Times Weekly Digest
269 views

The Tico Times Weekly Digest: Oct. 22, 2018

Alexander Villegas - October 22, 2018

It's Monday everyone. That means it's time for another dose of The Tico Times Weekly Digest. This week's Digest is…

This week in the Peace Corps: Lessons from indigenous communities in Limón province
Changemakers
644 views
Changemakers
644 views

This week in the Peace Corps: Lessons from indigenous communities in Limón province

Crystal / Regional Peace Corps Leader - October 22, 2018

After four years with Peace Corps Costa Rica, I am reflective about living and working in indigenous communities throughout Limón…