CAFTA

The President believes that CAFTA will ensure that American workers and companies are not disadvantaged, build on the $4 billion of U.S. investment in the region, and avoid erosion of U.S. competitiveness. The Bush Administration also believes that trade negotiations will lead to close cooperation among the Central American countries, thereby advancing Central America's integration and contributing to greater peace, economic cooperation, and stability in the region. In an article in World Trade, the Administration has made these points in support of CAFTA:

CAFTA countries and many other developing countries already enjoy duty free access to the U.S. market for the majority of their exports through trade preference programs provided by Congress to promote economic developm

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gles, leftist political parties, and strong unions in certain Central American countries - in particular Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua - act as strong barriers to CAFTA. Without the full participation of all the Central American nations this free trade agreement appears unlikely to succeed. All the nations must participate in order to facilitate movement of products throughout the Americas. If one countries decides not to participate the price and complexity of transporting goods increases dramatically. CAFTA would create significant changes in the economies of the five nations currently negotiating with the Bush Administration. Many people in this region are poor farmers. Since NAFTA, American, Canadian and Mexican independent farmers have seen prices plummet and safety nets removed resulting in thousands of small farms going bankrupt. Central American farmers are not likely to favor their governments making the same mistake. There is no doubt that the U.S. trade policies support economic reform outside of the United States. The fundamental question is: do the people of Central America want these types of economic reform? The free flow of goods and services across national borders could furthe
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Approximate Word count = 1307
Approximate Pages = 5 (250 words per page)

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