Politics of Costa Rica approved in 1969 limits presidents and deputies to one term, although a deputy may run again for an Assembly seat after sitting out a term. The prohibition was officially recognized as unconstitutional in April 2004, allowing Óscar Arias to run for President a second time in the 2006 Costa Rican presidential elections, which he won with approximately a 1% margin. The President of Costa Rica has limited powers, particularly in comparison to other Latin American Presidents. For example, he cannot veto the legislative budget, and thus Congress is sovereign over the year's single most important piece of legislation. On the
Costa Rica a country that is geographically and culturally much nearer to Costa Rica?" Arias announced that both countries would exchange ambassadors. Costa Rica has a long-term disagreement with Nicaragua over the San Juan River, which defines the border between the two countries, and Costa Rica's rights of navigation on the river. In 2010, there was also a dispute around Isla Calero, and the impact of Nicaraguan dredging of the river in that area. On 14 July 2009, the International Court of Justice in the Hague upheld Costa Rica's navigation rights for commercial purposes to subsistence fishing on their side of the