ISDS Case Map
Costa Rica
The attached letter, pressuring Costa Rica to resolve two disputes in favour of US investors, has been denounced as a blackmail by local activists.
Nearly two years ago, Costa Rican nationals and admirers thought they'd been given reason to rest easy. In May 2002, responding to a large-scale mobilization of the country's environmentalists, President Abel Pacheco announced a moratorium on oil exploration and open-pit mining in Costa Rica.
As befits a man whose very surnames are enough to conjure up images of Latin American radicalism, Fabio Chaves Castro is threatening to derail an ambitious plan to open up trade between the United States and the five small republics of Central America.
