The G20 finance ministers gave full support to the project that would prevent corporate profits from "disappearing" or being artificially transferred to jurisdictions with low or no taxation.
From the press release issued by the G-20:
During a meeting chaired by Turkish Deputy Prime Minister Cevdet Yilmaz, the G20 finance ministers expressed strong support for the OECD/G20 Base Erosion and Profit Shifting (BEPS) Project, which provides governments with solutions for closing the gaps in existing international rules that allow corporate profits to « disappear » or be artificially shifted to low/no tax environments, where little or no economic activity takes place.
The event which will be held from February 22nd to 24th in San José will focus on the practice of international arbitration in resolving contractual problems in construction projects.
From a statement issued by the International Chamber of Commerce in Costa Rica (ICC):
Among the topics to be discussed during this conference are arbitration in Latin America and its current status, recognition and enforcement of foreign awards in Latin America, the rules of the ICC Dispute Board: the case of the Channel Tunnel, the characteristics of disputes in the construction industry, the future of the Committees of Disputes in Latin America, the resolution of disputes in FIDIC construction contracts, among other things.
Increased prices are predicted along with less variety in drugs and agrochemicals because of the progressive protection of patent rights.
Román Macaya, director of the National Chamber of Generic Producers (Canaproge) explained that at the end of this decade the market will feel an impact on the protection of branded drugs and agrochemicals. The changes will occur due to the agreed extension of rights in the FTA between the U.S., Central America and the Dominican Republic.
The map on the internet which offered oil concessions in geographical areas who's sovereignty is disputed has been removed.
For its part, and after an exchange of notes between both governments, Colombia has acknowledged that the concessions given so far by Nicaragua are from areas where
Nicaraguan sovereignty has not been disputed.
"I want to be very clear and emphatic on this: the concessions granted by the government of Nicaragua in July this year are concessions that are west of the 82nd meridian," said Foreign Minister Maria Angela Holguin.
As of July 9 full legislation comes into full effect which seeks to prevent the entry of weapons or contraband into the United States.
From an article by the Costa Rican Foreign Trade Promotion Office (PROCOMER):
On November 25, 2008, the Customs and Border Protection (CBP) published the regulations for Importer Security Filing (ISF 10 +2) which requires importers and carriers to submit additional cargo information to the CBP before the goods are shipped to the U.S.
Starting January 2012 nutrition labeling of single-ingredient foods such as ground meat and poultry will be required.
On December 29, 2010, the Food, Safety and Inspection Service (FSIS) has changed regulations on meat and poultry products. The changes will come into effect on the 1st of January 2012.
The measure involves the manufacturing of food produced in the U.S. as well as imported goods.
The role of GI and DO in the development of Central America regarding agriculture, rural development and biodiversity management.
The strong growth of international trade in goods and services over the past fifteen years within the context of economic globalization has led to a growing concern about the need to incorporate various intellectual property issues in multilateral, regional and bilateral trade agreements.
State of the situation november 2007, of the economic integration process of the Central American region, basically refers to the legal institutional framework and insertion of Central
American into international trade.
Intitutional legal scope, Central American trade with the world, Central American free trade zone, Central American customs union and the insertion of Central America into the world economy.