Senate panel to hold key Cafta vote Tuesday(TURN UP THE HEAT

http://futures.fxstreet.com


Senate panel to hold key Cafta vote Tuesday
Friday, June 24, 2005 3:31:47 PM
http://www.afxpress.com


WASHINGTON (AFX) -- The Senate Finance Committee will hold a key vote on legislation implementing the controversial Central America Free Trade Agreement on Tuesday morning, panel staff announced Friday. President Bush formally submitted the Cafta implementation legislation on Thursday. The pact cleared test votes in the Senate panel and the House Ways and Means Committee earlier this month, but the treaty still faces stiff opposition from labor unions, the sugar industry, and some textile producers. The pact would cover trade with Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua and the Dominican Republic

This story was supplied by MarketWatch. For further information see www.marketwatch.com

For more information and to contact AFX: www.afxnews.com and www.afxpress.com