Costa Rica English News Blog July Archive blog.topic

Costa Rica abolishes insurance monopoly

07/13/08 13:27

After 84 long years, Costa Rica has finally approved the demolition of its insurance industry and opening it to national and international competition.

Before this, the nation also abolished monopoly of the telecommunication industry. This is not without any reason, of course, as Washington was the one that demanded these abolitions so that Costa Rica can enter the Central American Free Trade Agreement.

News: Costa Rican Congress approves ending its 84-year-old insurance monopoly - International Herald Tribune

Tags: insurance monopoly • free trade agreement • cafta • insurance •
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Lawmakers pass intellectual rights bill

After the long wait, Costa Rica has finally come up with a bill that will punish all violators of intellectual property rights. It was no easy job, of course, since the bill was revised a fair amount of times, but it's never too late.

Now, Costa Rica is only a few bills away to be able to get a Free Trade agreement with the United States

News: Costa Rica Daily News–The Tico Times, Lawmakers crack down on intellectual property violations