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REGION''S PRESIDENTS EXUBERANT ABOUT PROPOSAL BY PRESIDENT GEORGE W. BUSH FOR FREE-TRADE PACT WITH U.S.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 31-JAN-02 		Format: Online - approximately 983 words
Delivery: Immediate Online Access

Article Excerpt
Central American presidents are talking euphorically about the benefits from a proposed trade pact with the US suggested by President George W. Bush on Jan. 17.

Addressing the World Affairs Council in Washington, Bush used Argentina's economic crisis (see NotiSur, 2002-01-11) as a springboard for pressing his case for Trade Promotion Authority (TPA) and a Free Trade Area of the Americas (FTAA) agreement.

He indirectly criticized Argentine President Eduardo Duhalde for adopting monetary and other policies that suggested his government might retreat from free trade into a statist model to overcome the crisis. Duhalde has gone further than any of his recent predecessors by saying the neoliberal economic model was "exhausted," and by resisting International Monetary Fund (IMF) demands for a "coherent" recovery plan (see NotiSur, 2002-02-01). Duhalde even said Argentina would strengthen its ties with the rest of Latin America and distance itself from US...

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