The impact of CAFTA

Monday, June 06, 2005

Today's Indianapolis Star carries an article on the potential impact of the Central American Free Trade Agreement (CAFTA). Read more.

CAFTA promotes trade liberalization among the United States and five Central American countries: Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua. Modeled after the ten-year old North American Free Trade Agreement (NAFTA), CAFTA opens the door to the larger Free Trade Area of the Americas (FTAA). This broader agreement would encompass 34 economies.

CAFTA must be approved by the U.S. Congress and by national assemblies in the Central American countries before it becomes law. You can learn more here.

posted by Ed Morrison |

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