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Eyes on Trade

Public Citizen's Global Trade Watch blog on globalization and trade

 

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Public Citizen | CAFTA - CAFTA: Part of the FTAA Puzzle

CAFTA: Part of the FTAA Puzzle

GTW Report Shows Pro-CAFTA Representatives Saw Boost in Corporate PAC Cash

Missed Deadline for Start of CAFTA Underlined the NAFTA Record and Threats of its Expansion

CAFTA Damage Report: Tracking the Consequences of the CAFTA Vote in Key Congressional Districts

For the latest updates on CAFTA, please see the relevant section of our blog, Eyes on Trade.

The Central America Free Trade Agreement (CAFTA) is an expansion of NAFTA to five Central American nations (Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua), and the Dominican Republic. It was signed May 28, 2004, and passed through the U.S. House of Representatives by one vote in the middle of the night by the U.S. Congress on July 27, 2005. El Salvador, Guatemala, Nicaragua, Honduras, and the Dominican Republic have also approved the agreement. Costa Rica has yet to vote on the agreement.

CAFTA is a piece in the  FTAA jigsaw puzzle, and is based on the same failed neoliberal  NAFTA model, which has caused the "race to the bottom" in labor and environmental standards and promotes privatization and deregulation of key public services.

Due to strong resistance by several of the CAFTA countries’ parliaments who, when confronted by the reality of having to make the far-reaching changes to public health and other domestic laws required by the agreement are reluctant to actually implement the deal, the Bush administration was forced to delay the planned Jan. 1, 2006 implementation.

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