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.
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