Costa Rica gets second extension on CAFTA

Costa Rica received a new indefinite extension to fully approve all the requirements of the FTA with the United States (CAFTA).

Thursday, September 25, 2008

Yesterday in New York, the presidents of the countries which have signed the agreement endorsed the procedure with which the Legislative Assembly will amend the last project of the implementation agenda and granted a new extension on the term which was set to expire next Tuesday.

More on this topic

Costa Rica: New extension of CAFTA until December 31

October 2008

The US and other FTA partners granted 3 months more so that Costa Rica can complete the approval of the projects and regulations needed in order to bring the trade agreement into force.

The new extension was made official yesterday on the last day provided, so that the efforts of the Government and its allies in favor of CAFTA would not go to waste.

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

Costa Rica will ask for an extension on CAFTA without a deadline

September 2008

Costa will ask the United States this week for an extension without a deadline to approve the last law required for CAFTA to come into force.

"I will see if they accept that when we make the pertinent modifications, which the Constitutional Court recommended, the commercial agreement will finally come into force," declared Oscar Arias, President of Costa Rica, in statements published in the La Prensa Libre newspaper.

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”).

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