ISDS Case Map
CAFTA
US - Central America Free Trade Agreement
Hundreds of Costa Rican indigenous people began a protest against the Free Trade Agreement between Central America, the Dominican Republic and the United States. They accused the FTA of imposing the use of patented seeds that prevent traditional crops and warned that the use of transgenic seeds from the United States would affect ancestral crops closely linked to the people's view of the world and spirituality.
Costa Rica has won a seven-month extension from its U.S. and regional trade partners to pass laws required for its entry into the CAFTA free trade pact, President Oscar Arias said on Wednesday.
Dominican Republic has lost from the Dr-Cafta trade pact, which took effect one year ago on Saturday, RD$2.54 billion from lost tax revenues, the Customs Agency (DGA) said in a statement.
Critics of CAFTA say it was no coincidence that the anti-terrorism legislation was enacted six months after the trade agreement. Update on the case against the Suchitoto 13.
The Salvadoran government had proclaimed that from the moment of its entry into force, the free trade agreement with the United States would boost the local economy, creating thousands of jobs, so that even street vendors would be exporting their typical snacks. But nearly two years later, the economic paradise has yet to arrive.
President Oscar Arias said Tuesday he will ask the US to delay implementation of a free-trade agreement to give the country time to pass several necessary local laws.
A trade war has erupted between the US and Honduras. The two countries are fighting over...socks. Bush says Honduran socks are causing serious damage to American sock-makers, so he wants to impose a hefty import tax on socks from Honduras.
The Costa Rican Congress resumed discussion Monday on the complementary agenda required by March 1 for implementation of the Central American-US Free Trade Agreement (CAFTA-DR). Of the 13 bills needed, only 2 have been approved so far.
The law, one of the least controversial of the 12, regulates the relationship between foreign companies and their representatives in Costa Rica.
The DR-CAFTA free trade pact between the Central American countries, the Dominican Republic and the United States was signed into law in Costa Rica on Wednesday amid protests and a large military deployment.
