Government of Costa Rica wants to reform ConstitutionMonday, December 1, 2008 The government of President Oscar Arias believes that the Constitution of Costa Rica, which has been in effect since 1949, "urgently" needs to be reformed. The reforms are necessary in order to end the "legal paralysis" affecting the country, said the minister of the Presidency who is also the president's brother, Rodrigo Arias. Oscar Arias will mediate in Honduran CrisisTuesday, July 7, 2009 State Secretary Hillary Clinton announced that the President of Costa Rica, Oscar Arias, will serve as international mediator in the Honduran political crisis. The announcement was made after a private meeting with Manuel Zelaya, Honduras ousted president, exiled from the country on June 28. Costa Rica's Arias achieves positive ratings in opinion pollMonday, April 28, 2008 As President Oscar Arias nears the halfway mark of his four-year administration, 44 percent of those questioned in an opinion poll rated his performance as "good". A further 42 percent rated the Arias presidency as "regular", while only 13 percent described it as bad, according to a Demoscopía poll for the newspaper Al Día. New Free Trade Zone in Costa RicaTuesday, April 22, 2008 Costa Rican President Oscar Arias Sánchez and Foreign Trade Minister Marco Vincio Ruíz today inaugurated the new free trade zone of the east. Three multinational firms are already taking part: Teletech, TechDada and Countrywide Financial. They employ a total of 1,340 workers. "Just last year we received 1.885 million dollars from this kind of investment," said Arias. "We have done this to deepen the productive diversification process." Costa Rica will ask for an extension on CAFTA without a deadlineMonday, September 22, 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 backs plan to develop Panama border regionThursday, July 17, 2008 President Oscar Arias of Costa Rica signed a law to use a US$9.2 million Inter-American Development Bank credit for the development of the Sixaola river basin, which Costa Rica shares with Panama. Costa Rica's government is contributing US$2.8 million to make a total of US$12 million for a program of sustainable development in the region. Costa Rica drops tax reformMonday, August 25, 2008 The President of Costa Rica, Oscar Arias, ruled out pushing through a tax reform in the last two years of his presidency. The Government of Costa Rica had planned to collect an additional $700 million a year by making some modifications to sales and income taxes, by taxing limited liability companies and creating a tax for financial transactions. New US ambassador in Costa RicaFriday, June 13, 2008 United States Ambassador Peter Cianchette, presented his credentials yesterday to President Oscar Arias. Following the presentation of credentials Ambassador Cianchette remarked: Costa Rica Will Recognize Honduran ElectionsFriday, November 27, 2009 President Oscar Arias, who mediated in the Honduran political crisis, assured he will recognize the outcome of the upcoming elections. In an interview with CNN on Friday, Arias stated he would recognize the result of Sunday's elections, given they develop without incidents. More than $100 million in damages due quake in Costa RicaMonday, January 12, 2009 When it declared a National Emergency, the government of Costa Rica estimated that there were $100 million in damages caused by Thursday's quake. Nacion.com reports on the press conferences and indicates that "just in damages to road infrastructure the figure was estimated to be $15 million by Minister of Public Works and Transport, Karla Gonzalez. Costa Rica looking for company in Asia to invest in a megaport in LimonFriday, November 21, 2008 President Arias will travel to Singapore with the hope of attracting investment for several sectors, especially for investment in the port. The approach to Asian countries has become a priority for the Costa Rican president. "I am sure that Telefonica is interested in Costa Rica"Thursday, September 11, 2008 President of Costa Rica, Oscar Arias Sanchez "welcomes" the Spanish company to invest in telecommunications. Telefonica's interest in the country has been increasing due to the opening of the market as a part of CAFTA. The firm has already registered its brand in the country. The company recently reached a total of 150 million clients, a third of the market in Latin America, where it has invested more than $120 million in the last few years. 7 and a Half Million HostagesMonday, February 22, 2010 While the people of Honduras continue to suffer from international isolation, the political and diplomatic corporation of Latin America and the Caribbean will discuss its fate in Cancún. The Rio Group (an OAS alternative), will become the next stage in which the representatives of the region’s governments will promote their own political and personal projects, as they discuss the future of a theoretically sovereign country. Costa Rica, Pfizer Regional Operations CenterTuesday, March 17, 2009 Beginning in January 2010, Pfizer will focus all its operations for the Caribbean and Central America in Costa Rica. This was announced by company executives for Latin America and the Caribbean during a meeting with President Oscar Arias. Uruguayan President Visits Costa RicaFriday, April 17, 2009 President Tabaré Vásquez will be accompanied by Uruguayan entrepreneurs who will engage in business conversations with their Costa Rican peers. The Uruguayan president will arrive in Costa Rica on Wednesday, April 22, and the official meeting with Costa Rican President Oscar Arias will be on Thursday, when cooperation agreements will be signed. |
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