
Nobel Peace laureate for Central American peace plan.
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Óscar Arias received the Nobel Peace Prize for his efforts to end the civil wars in Central America. His peace plan led to the Esquipulas Peace Accords, which brought stability to the region.
Arias, as President of Costa Rica, brokered the Esquipulas II agreement among Central American presidents. The accords called for ceasefires, democratization, and an end to foreign support for insurgents.
Óscar Arias was re-elected as president of Costa Rica after a constitutional change allowed a second term. He won a narrow victory over Ottón Solís, returning to office after 16 years.
President Arias pushed for Costa Rica's ratification of the Dominican Republic-Central America Free Trade Agreement (CAFTA-DR). The agreement passed a national referendum, integrating Costa Rica into the U.S. trade bloc.
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