Thread: CAFTA Misses Deadline

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CAFTA Misses Deadline
Written by Cyril Mychalejko
Wednesday, 04 January 2006

The U.S. announced last week that the implementation of CAFTA would not meet its Jan. 1 target date because Central American countries have yet to legislate new laws to come into compliance with the agreement’s mandates.

The U.S. is now shooting for Feb. 1 or March 1 as new target dates.

The delay has enlivened efforts to undo the deal by groups who fear the pact could have a crippling effect on workers, small farmers and the economies of the nations involved.

"The problems associated with implementing CAFTA demonstrate what we've been saying all along: this agreement goes beyond trade in requiring dramatic changes in domestic laws that grant new rights to transnational corporations at the expense of working people," the Quixote Center's Tom Ricker said.

Democratic opponents to the agreement criticized the Bush administration for forcing the countries to change their laws on issues such as intellectual property protection…while not requiring nations to enforce stricter labor standards.

That's great. I hope CAFTA falls flat. I want the people of Latin America to have better lives so that they do not have to come here.

Originally Posted by TheWatchdog

That's great. I hope CAFTA falls flat. I want the people of Latin America to have better lives so that they do not have to come here.

Yes it would be nice if these other countries opened their eyes and take note as to how destructive CAFTA will be on their economy.

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