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ONSET OF CENTRAL AMERICA FREE TRADE AGREEMENT DELAYED.

Publication: NotiCen: Central American & Caribbean Affairs
Publication Date: 05-JAN-06
Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Central America Free Trade Agreement (CAFTA) was to begin Jan. 1, 2006, the triumphant culmination of two years of negotiations and politicking. But it did not begin, and it is uncertain when it will begin. US Rep. Charles Rangel (D-NY) called the setback an "atrocious failure," while US Trade Representative Rob Portman tried to minimize the disappointment saying the agreement would come into effect "progressively to the extent that the countries make sufficient advances" in compliance with what they agreed to.

Rangel and other US legislators faulted Portman for the delay. Rangel said that when the battle for ratification was raging in the US Congress, Portman had testified that the Central Americans and Dominicans would only have to modify their labor laws, but after achieving ratification by only two votes in the House of Representatives, the USTR demanded changes in almost all sectors of the laws of the CAFTA nations. Not one of...

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