/  COSTA RICA

Send this page to a friend

 HOME PAGE  •  ADVERTISE WITH US  •  SUBSCRIBE TO OUR NEWSLETTER

   | SEARCH • ARCHIVES 

Thursday 25 September 2008, San José, Costa Rica  

US and Central America Grants Costa Rica TLC Extension
BCR Ordered To Recompense Victim Of Online Fraud
Coño, Bien, Bien, Bien!
Caja Guarantees Medication
Volunteer in Costa Rica Provider to Offer $150 off Packages
This Weekend in Jacó
 
US and Central America Grants Costa Rica TLC Extension
The United States extended the October 1, 2008, deadline for Costa Rica to ratify the Tratado de Libre Comercio (TLC) - free trade agreement with the US - to November 6, 2008. A US delegation is expected to visit Costa Rica on September 30 to inspect the approval process.

The delegation will be headed by the Secretary of the U.S. Department of Commerce, Carlos Gutiérrez, and the United States Trade Representative, Susan Schwab.

Costa Rican president, Oscar Arias, made the announcement to the press by telephone yesterday from his hotel suite at the Helmsley hotel in New York.

The US delegation will be taking a close look at the process and advances of approving the last of the 13 "complimentary" laws that are required to accompany the trade deal and to ensure first hand that the other 12 complimentary laws have all been approved.

Marco Vinicio Ruiz, ministro de Comercio Exterior, added that accompanying the US delegation will be American businessmen and investors, who are anxious to expand operations in Costa Rica.

"I took the opportunity to meet with Bush alone. I explained to him we have had a delay of a constitutional nature and that we required more time", said Arias.

Arias met with US president, George W. Bush, yesterday morning before heading out to the United National general assembly meeting attended by signatories countries of free trade deals with the US. One by one, the heads of the Latin American countries rendered their reports on the state of the TLC agreement and for those countries yet to sign and agreement, like Costa Rica, render a report on the advances made to sign.

"When it was my turn to speak I spoke with a sense of guilt because first we had to go to a referendum and then began the delay tactics by opponents. Then with sorrow had to inform that the our trade deal could not go into force just yet", said Arias.

Present at the UN meeting were also Álvaro Uribe, president of Colombia; Martín Torrijos, of Panamá; Michelle Bachelet, of Chile; Antonio Sacca, ofe El Salvador; Álvaro Colom, of Guatemala; Leonel Fernández, of the República Dominicana; Manuel Zelaya, of Honduras; and. Felipe Calderón, of México.

"We spoke of the possibility of Costa Rica making its best effort to approve the trade deal before the elections in the US, which is on (sic) November 6", said Arias. (The US presidential elections is on November 4).

"If you will, we can see this as the first extension", said Arias, who added that the date is possible is no legislator makes an appeal to the Constitutional Court.

The last of the complimentary laws was held up by a decision of the Constitutional Court that said there were constitutional errors in the document, sending it back to legislators to discuss and approve changes.
 

 

 

 
 

Advertise With Us | Subscribe To Our Newsletter | Archives | Search | About Us Online Shop | Learn Spanish | Photo Gallery |  Links
2133-1000 San José, Costa Rica  E-Mail: editor@insidecostarica.com  Telephone: (506) 8845 5800  / (506) 2231 3205  Fax: (506) 2232 6337
©2008  INSIDECOSTARICA.COM  All rights reserved.
Privacy Policy For more information on this website contact: webmaster@insidecostarica.com
Website Design, Hosting & Maintenance by: iStarmedia Internet Solutions