The latest news about CAFTA-DR A summary prepared by Consultantes Río Colorado S.A. to help business people and to provide a one-stop summary of the most important news. Telecom regulations published with a hitch Published: Sun, 03 May 2009 15:45:47 -0600 (April 29, 2009) Prices of telecommunication services in Costa Rica will be left to the free market if the regulating agency determines there is enough competition. Otherwise, the agency, the Superintendencia de Telecomunicaciones, will intervene. Pacific Rim files its CAFTA arbitration case against El Salvador Published: Sun, 03 May 2009 14:47:35 -0600 (May 1, 2009) A Nevada subsidiary of the Canadian Pacific Rim Mining Corp. has filed for international arbitration against the government of El Salvador under the Central American Free trade Agreement. Amnet among those given first OK Published: Wed, 25 Mar 2009 04:27:40 -0600 (March 25, 2009) Amnet, the cable television firm, is one of nine companies that have survived a review by the new telecommunication agency and have been designated for further study. Some 11 firms still are trying to comply. Wisconsin firm promotes medical tourism Published: Sat, 07 Mar 2009 22:46:23 -0600 (March 5, 2009) A Wisconsin firm has created a new division to concentrate on medical tourism to Costa Rica. Security firm picks Heredia man Published: Sat, 07 Mar 2009 22:37:13 -0600 (March 5, 2009) A U.S. security consultancy firm has expanded into Costa Rica and named Hamid Kaber of Heredia president of the organization here. Importers can seek part of duty-free quotas Published: Mon, 12 Jan 2009 01:27:20 -0600 (Jan. 12, 2009) Companies that plan to bring potatoes, onions, and other restricted foodstuffs into Costa Rica this year, have to apply for a piece of the quota, according to the Ministerio de Comercio Exterior. Importing under treaty could be a maze Published: Sat, 10 Jan 2009 16:15:22 -0600 Individual expats who seek to import goods under the new free trade treaty with the United States and other Central American countries face a bewildering process. Treaty takes beating from left and right Published: Wed, 31 Dec 2008 01:40:45 -0600 While a group opposed to the Central American Free Trade Agreement wants Barack Obama to suspend the pact, a key spokesman for the right insists that his administration is tilted strongly in favor of such international agreements. Bush certifies Costa Rica for CAFTA Published: Sun, 28 Dec 2008 15:54:14 -0600 U.S. President George Bush issued a proclamation Dec. 23 to implement the Central American Free Trade Treaty with Costa Rica. Two more are named to telecom authority Published: Wed, 31 Dec 2008 17:27:42 -0600 The turf war between the Asamblea Legislativa and the Autoridad Reguladora de los Servicios Pblicos ended Friday, Dec. 19, with the confirmation of the final two members of a telecom oversight panel. Legislature rejects two of four regulatory nominations Published: Sun, 14 Dec 2008 14:30:31 -0600 In a controversial procedure that may imperil approval of the U.S. free trade treaty, the legislature Friday rejected two of four persons proposed for the board of the new Superintendencia de Telecomunicaciones. Mining firm will seek arbitration Published: Tue, 09 Dec 2008 21:09:03 -0600 A Canadian-American mining company has filed a notice that it intends to seek arbitration to be reimbursed some several hundred million dollars from the government of El Salvador. The claim is being pursued under the Central American Free Trade Agreement. Arias asked to join effort to renegotiate treaty Published: Mon, 01 Dec 2008 03:16:53 -0600 Opponents of the free trade treaty with the United States are placing their bets on Barack Obama and a group of U.S. congressmen who want a full-scale review of such agreements. Obama has suggested he might be open to renegotiating some trade agreements. Final treaty measure gets its expected OK Published: Wed, 12 Nov 2008 04:40:43 -0600 As expected, the Asamblea Legislativa has approved on second reading the final measure needed to bring the free trade treaty with the United States into effect.(Nov. 12, 2008) Opponents hope Obama will renegotiate Published: Tue, 11 Nov 2008 01:30:56 -0600 The center-left Partido Accin Ciudadana is considering using the recent U.S. victory of Barack Obama as a possible launching point for renegotiating the Central American Free Trade Agreement. Arias, others outline plans to keep country solvent Published: Fri, 07 Nov 2008 21:56:28 -0600 The economy was at center stage Thursday as President scar Arias Snchez outlined the executive branch's commitment to lessen as much as possible negative impacts on the country. Court smiles on final treaty measure Published: Fri, 31 Oct 2008 03:55:44 -0600 The executive branch is hoping to get a second and final vote on the intellectual property bill next week. That was the estimate Thursday afternoon from Rodrigo Arias Snchez, brother to the president and the minister of the Presidencia. Rodrigo Arias was reacting to news that the Sala IV constitutional court had ruled there were no constitutional faults in the proposed law. Superintendent named for insurance regulator Published: Tue, 28 Oct 2008 02:23:16 -0600 Costa Rica's newly-opened insurance industry has a supervisory agency in operation, dubbed the Superintendencia General de Seguros or the insurance superintendent general. Economist Toms Soley took charge of the agency Oct. 20. He will oversee the development of the regulatory operation for Costa Rica's newly opened insurance market. Panama trade treaty to go into force Published: Thu, 23 Oct 2008 03:20:00 -0600 President Martn Torrijos Espino will be in San Jos Friday to sign documents that will bring into force a free trade treaty between his Panama and Costa Rica. First regulations for telecom investments released Published: Fri, 17 Oct 2008 17:40:33 -0600 The nation's public services regulatory agency is publishing the first three sets of rules for telecom companies. The lengthy documents will be in the official La Gaceta newspaper today, the agency said Final piece of legislation ges first OK Published: Fri, 17 Oct 2008 18:09:03 -0600 More than a year after Costa Ricans narrowly approved a free trade treaty with the United States, lawmakers gave first approval for a second time to the last piece of enabling legislation. Country gets another break on trade treaty Published: Fri, 17 Oct 2008 18:54:32 -0600 When it comes to ratifying the Central American Free Trade Agreement, the clock keeps running out on Costa Rica. The country got another break today when its trading partners agreed to reset the clock and approve another extension. Final bill opening insurance market approved Published: Fri, 17 Oct 2008 19:11:07 -0600 The Asamblea Legislativa today voted for the second and final time to eliminate the monopoly of the national insurance company. There are choices in forming a corporation Published: Fri, 17 Oct 2008 19:05:51 -0600 There are six different types of companies in Costa Rica. Most people are only familiar with one or two, the most common types like sociedad annimas and S.R.L.s. In these times of changing tax regulations everyone, business people as well as individuals, should know the differences between the company structures available under the commercial law.
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