November 18 - 24, 2002     · News Index



1.2 tons of cocaine seized

Costa Rican and U.S. authorities seized 1.2 tons of cocaine and arrested five Colombians who were smuggling the drug, apparently destined to the United States. After a plane detected them, some 140 miles off the Corcovado National Park on the Pacific Ocean, U.S. Coast Guard cutter John L. Hall and Costa Rican patrol boat Juan Rafael Mora chased the smugglers. The latter made a run for the coast on their cigarette-type speedboat -so fast that it easily outruns the patrol boats. With a helicopter from the Hall in sight, the men dumped the drug overboard. They then ran to the coast, grounded their boat, and hid in the national park, where wardens arrested them. The patrol boats picked up the drug, which was floating on the ocean. The operation was part of the joint patrol agreement between the U.S. and Costa Rica, and it was the fifth largest drug confiscation since it has been effective, all of them on the Pacific Ocean.

Few control exports

Most of Costa Rican sales abroad remain concentrated in a few products and companies, in spite of efforts to export new products and that more businesses sell in foreign markets. The data for last year show that seven products with sales of over $100 million each accounted for 53.6 percent of the overall exports. The remaining 46.4 was shared by 3,335 other products that were also sold abroad. Regarding companies, six of them sold over $90 million each, and accounted for 30.6 percent of the income, while 1,674 firms shared the other 69.4 percent. The Costa Rican Foreign Trade Promoter disclosed the data, and pointed out that there is a diversification trend in exports that is highly positive, particularly on lowering the dependence on certain products -such as coffee and bananas- for foreign currency.

Far from Argentine crisis

Costa Rican economists discarded any effects here as a result of the Argentine decision not to pay $805 million to the World Bank. They pointed out several reasons, including that the crisis in Argentina is focused, and that trade between Costa Rica and the South American nation is very limited. Last year, Tico companies exported $2.5 million worth of goods to Argentina, while they imported $29 million from the economically troubled nation.

Child prostitution

Several Costa Rican law-enforcement agencies entered a joint program to fight the sexual exploitation of children. The goal is establishing harsher penalties for the people or businesses involved in child prostitution, according to official sources. The program also involves constitutional amendments, which congressmen have made a pledge to support in order to stem the crime. Immediate joint law-enforcement operations will be one of the first outcomes of the program.

Canned tuna to Canada

Thanks to the Costa Rica-Canada Free Trade Agreement, the local firm Sardimar is to export several varieties of canned tuna -meaning smoked, garlic, spicy, and others-, firm sources disclosed. They explained that they aim at eventually selling half a million dollars, which means 5 percent of the $100 million Canadian canned tuna market.

Effort for border area

The ministers of Foreign Affairs of Nicaragua and Costa Rica are to travel together to Europe -an unusual event for their two nations, who have staged no few diplomatic clashes- in order to seek funds to promote a development program for the communities in the common border area. Minister Roberto Tovar explained that the goal of the mission with his Nicaraguan colleague, Norman Caldera, is obtaining financial and technical support for a fund that would generate employment on both sides of the border, which are now ridden by poverty. Relations between Costa Rica and Nicaragua soured since July 1998, when Nicaragua decided that Tico policemen could not sail on the San Juan River -on the common border- carrying their weapons. Tovar pointed out that a dialogue atmosphere prevails now and that it must be taken advantage of for the best of the two nations.

58,000 pigs to be butchered

Because pork is one of the major ingredients in the Christmas and New Year traditional fare of the 4.5 million Costa Ricans, 58,000 pigs -the average is 40,000 a month- are to be butchered in the coming weeks, according to the growers association. Also, customers will have to pay more for the meat, a usual Seasons trend, too, that applies for the ingredients of tamales -stuffed corn cakes- and other traditional food.

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

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