ISDS Case Map
CAFTA
US - Central America Free Trade Agreement
With just a few days to go before the removal of trade barriers between Guatemala and the United States, social organisations are afraid that living standards in Guatemala will decline, while the government and the business community predict an influx of investment, economic growth, and the creation of thousands of new jobs.
The United States reportedly threatened to leave the Dominican Republic out of the Free Trade Agreement with Central America and the U.S. (DR-CAFTA), if local authorities do not accept other requirements aside from the original negotiation.
More popular organizations have joined the on-going vigil in front of the Guatemalan Constitutional Court, where a bill against the free trade agreement with the US is being discussed Thursday.
The COS (Social Organizations Group) and the MISPEC (Guatemalan indigenous, farmer and popular movement) have joined the vigil Wednesday in front of the Guatemalan Constitutional Court to reject the free trade agreement with the United States.
Education minister suggested this Tuesday that universities in the country should be subject of a revision of their respective curricula in light of the upcoming Free Trade Agreement with the Central America and the United States.
The Guatemalan Congress began its second day of questioning Economy Minister Marcio Cuevas Thursday, on the basis and effects of the free trade agreement with the United States.
The ongoing electrical crisis and its high cost will adversely affect the production of groups looking forward to participate with their businesses in the United States, Dominican Republic and central America Free Trade agreement (CAFTA-DR), said Miguel Cocco, Custom's Director General.
As during the crudest times of interventionism in banana republics, James Derham, US proconsul in Guatemala, snuck into a session of Congress on April 18 to pressure legislators to approve -- now! -- a complimentary law being demanded by the United States so that the country definitely enters into a Free Trade Agreement.
The Guatemalan pharmaceutical industry is the strongest company in Central America and among the first 10 in Latin America, but it is today threatened by the free trade agreement (FTA) with United States.
US ambassador in Guatemala James Derham appeared in Congress Wednesday to pressure for approval of complementary laws to the Free Trade Agreement (FTA).
