CAFTA appears to have narrow victory in Costa Rica
October 10, 2007
10 October 2007
CAFTA appears to have narrow victory in Costa Rica
This article is excerpted from the 9 October 2007 edition of “American Shipper”.
Preliminary results from the referendum election in Costa Rica for participation in the Dominican Republic-Central America Free Trade Agreement with the United States indicate the proposal received narrow approval from voters…
According to an Associated Press report, the CAFTA proposal was winning by 51.7 percent to 48.3 percent with 89 percent of the polling places reporting….
That was enough to mean there is a high likelihood the pro-CAFTA forces were victorious, leading to legislative approval by February.
The five other countries that signed onto the agreement -- El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic -- have already ratified the pact.