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  • -- ../../local/crinews/insurance_monopoly

    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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