Costa Rica-U.S. Free Trade Agreement hits problems

The Free Trade Agreement between with the United States remains in limbo as the Costa Rican Congress still has not ratified it.

Friday, June 20, 2008

Errors in processing the agreement in the assembly and delays in approving several complementary laws mean the deal might not be passed before Congress adjourns next October.
Costa Rica is the only Central American country that still hasn't signed the 2004 agreement.

More on this topic

Costa Rica Ratifies Copyright Law

April 2010

The Legislative Assembly ratified the last bill pending to implement the Free Trade Agreement with the U.S. and Central America.

This bill changes several copyright related laws (their names in Spanish: “Ley de Derechos de Autor y Derechos Conexos”, “Ley de Procedimientos de Observancia de los Derechos de Propiedad Intelectual” and “Ley de Información no divulgada”).

Costa Rica Hurries Up Last CAFTA Law

August 2009

To speed up its approval, the Executive removed the agrochemical chapter from the last law project of the FTA agenda.

This project, being discussed in Congress for 9 months now, will modify intellectual property regulations.

"The Commerce Ministry removed aspects related to the Law of Undisclosed Information, in order to avoid affecting the definition of 'pharmaceutical product', which impacts agrochemical registration", reported website Nacion.com.

Costa Rica approves final CAFTA law.

November 2008

The final bill of law required for Costa Rica to join CAFTA was approved this morning at the Legislative Assembly.

Reforms on copyright matters, the last of twelve initiatives included on the CAFTA implementation Agenda, received the second and final approval, with the 38 votes of the G-38, an alliance comprised of PLN, the Libertarian Movement, PUSC and independent assemblymen. The 11 PAC assemblymen voted against the law.

Last Costa Rican CAFTA law approved

October 2008

Yesterday at 6:28 pm lawmakers approved the last implementation law for the FTA in the first round of debate.

This project was sent back to Congress by the Constitutional Court on September 11, after a previous approval by the full session of Congress was rejected by the magistrates who found errors in the procedural approval of the law.

 close (x)

Receive more news about Commerce

Suscribe FOR FREE to CentralAmericaDATA EXPRESS.
The most important news of Central America, every day.

Type in your e-mail address:

* Al suscribirse, estará aceptando los terminos y condiciones


ATENAS: 13 HA, 1.5 KM from Highway 27, US$ 11/m2

Prime Lake Front Real Estate near San Jose, CR Now Available for Development, an extraordinary commercial real estate opportunity.
A lush 32 acre/13 hectare plot located just West of the...

Stock Indexes

(Aug 18)
Dow Jones
-0.35%
S&P 500
-0.18%
Nasdaq
-0.09%

Commodities

(Aug 18)
Brent Crude Oil
52.410
Coffee "C"
131.70
Gold
1,285
Silver
16.95