Costa Rica News, Daily News in Costa Rica by the Tico Times
November 28, 2007
 
   
LOGIN | SUBSCRIBE | GUIDEBOOKS | ARCHIVE SEARCH | CONTACT US |
| Home
| Top Story
| Business & Real Estate
| Arts, Travel & Fishing >
| The Nica Times
| Daily News
| Letters to the Editor
| Photo Galleries >
| Classified Ads >
| Exchange Rates
Central Bank
Reference Rate

BUY ˘496.47 SELL ˘503.02
| Previous Daily News
| Monday | Tuesday
| Wednesday | Thursday
| Friday
Get a copy of the Costa Rica Tico Times Weekly Newspaper and Daily News Updates in PDF Format

Legislators Pass First CAFTA Law

By Gillian Gillers
Tico Times Staff | ggillers@ticotimes.net

One down, 11 to go.

Legislators passed the first of 12 laws required to implement the Central American Free-Trade Agreement with the United States (CAFTA) on Monday night. The law, one of the least controversial of the 12, regulates the relationship between foreign companies and their representatives in Costa Rica.

Legislators gave the law an initial green light Oct. 23, but those from the anti-CAFTA Citizen Action Party (PAC) requested that the Constitutional Chamber of the Supreme Court (Sala IV) review whether the law violates the Constitution. The Sala IV ruled Friday that it did not. Legislators approved the law in a 32-11 vote around 11 p.m. Monday.

If legislators do not pass the 12 laws by Feb. 29, 2008, they must request an extension from the treaty's other members: the United States, El Salvador, Guatemala, Nicaragua, Honduras and the Dominican Republic
 
a
RETURN TO THE TOP OF PAGE

Home | SUBSCRIBE | ADVERTISE | GUIDEBOOKS | BACK ISSUES | ARCHIVE SEARCH | CONTACT US | ABOUT US | NEWSSTANDS | LINKS