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Friday 12 September 2008, San José, Costa Rica 

Government Forced To Ask US For Another Postponement In TLC Ratification
ICE Says It Need A Rate Hike To Keep The Lights On Next Year
China Used Foreign-Exchange Reserves In Diplomatic Deal with Costa Rica
Domestic Workers Demand 8 Hour Workday
China-Central America Trade Cooperation Forum Opens in Costa Rica
WiMAX Network Covers Rural Costa Rica
Jacó Joins Independence Day Celebrations
Independence Day Weekend
 
Government Forced To Ask US For Another Postponement In TLC Ratification
Once again Costa Rica is making history as the only country to ask for a postponement in the delay in implementing the Tratado Libre de Comercio (TLC) - free trade agreement with the United States - not only once, but twice, as it is evident it cannot meet the October 1 deadline.

Costa Rica is being forced to once again ask for a delay following the Sala Constitucional (Constitutional Court) decision on Thursday, overturning the "intellectual property law", one of the 'parallel' laws that form part of the trade deal and demanded by the US.

The Constitutional Court ruled that lawmakers improperly passed the bill - which included provisions on biodiversity - without consulting Indian groups.

Costa Rica is the only signatory country to the trade to not have ratified, while the other Central American countries and the Dominican Republic have enacted their respective deals.

The intellectual property law is the only piece of legislation and stumbling block in the trade deal, as the other 12 laws have all been approved.

The Court ruling was a victory for TLC opponents who have tried to block the trade deal's approval with court appeals.

Legislator Mayi Antillon of the ruling Partido Liberación Nacional (PLN) said it would be "practically impossible" for lawmakers to pass a revamped version of the bill in time to meet the deadline.

 
 

 

 

 

 
 

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