Costa Rica approves FTA with Panama in first debate
Legislators have to ratify the decision in a second round of voting once the period of ordinary sessions start next week.
Friday, August 29, 2008
The agreement signed by both countries in September 2007 came in to effect for the Panamanians last December, hence the Costa Rican productive sectors have been pressuring Congress to approve the agreement.
Costa Rica legislators should approve the agreement this week at the latest after the second debate on the commercial agreement with Panama.
In a single session, and with the unanimous support of the nine members on the special committee for International Affairs, lawmakers ruled on the FTA with Panama.
The full session of Congress unanimously approved the Free Trade Agreement (FTA) with Panama yesterday after the second reading and debate.
The Constitutional Court endorsed the FTA with Panama after finding no conflicts with the Constitution; the project will be voted on in Congress in the next few days.
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