Comments on: Solis warns China he will not accept contract signed by Chinchilla government

By: Marcel M. Pfister

Marcel M. Pfister — Tue, 29 Apr 2014 22:53:00 +0000

Pacta sunt servanda, said the Romans, and right they were. A signed agreement needs to be honored. It’s part and parcel of the credibility of a democratically elected government. Ensuring partners and investors of continuity beyond election dates is critical in attracting Foreign Direct Investments. It has, in the past, been one of Costa Rica’s fortes. I have no issue with Solis questioning the contents of the current contract or even asking for it to be renegotiated or cancelled. I suspect the “will not accept” headling is chosen by the journalist and in no way reflects of what was actually said.

By: McDemon

McDemon — Mon, 28 Apr 2014 22:44:00 +0000

I like to see this! Good for him.

By: Derryl Hermanutz

Derryl Hermanutz — Mon, 28 Apr 2014 21:05:00 +0000

The government could fund the project with bond debt, then operate the road as a tollroad like Ruta 27, and secure the bonds with the tolls. These bonds would be good investments for the Caja and other institututional investors who invest and make their payouts in colones.

By: Ken Morris

Ken Morris — Mon, 28 Apr 2014 18:05:00 +0000

Good for Solís. He’s starting off on the right foot and doing exactly what the people elected him to do. Enough of these careless sweetheart deals!