ISDS Case Map
CAFTA
US - Central America Free Trade Agreement
The free trade treaty between US and Guatemala is unconstitutional and violates everything from the principle of equality of enterprises to working rights, declared Guatemalan attorney Ramon Cadenas Wednesday.
Honduran humanitarian bodies predicted Monday that the implementation of the US-Central America Free Trade Agreement (CAFTA) will increase unemployment in agriculture and in small and medium companies.
A controversial trade pact between the United States and Central American nations took effect in Honduras and Nicaragua on Saturday as supporters said it would help bring prosperity to the poor region.
Hundreds of doctors, Indians, teachers, students and workers marched through the streets of the Honduran capital in protest Friday, a day before the government is scheduled to ratify a contentious free-trade agreement with the United States.
Central American countries had negotiated every issue, and the Dominican Republic simply adhered to all that had already been convened.
Chavez argues that US-proposed free-trade pacts would help big US companies at the expense of Latin America's poor.
Guatemalan organizations described the Constitutional Court ruling to give leave to an appeal against a free trade agreement (FTA) with the US as a firm step to defend the nation's interests.
When US President George W. Bush announced in 2002 that he wanted a new Central American Free Trade Agreement (Cafta) with the five nations of Central America, the Dominican Republic scented a threat.
United States ambassador Hans Hertell discarded yesterday that there existed “obstacles” to entering the Free Trade Agreement with the US and Central America (DR-CAFTA), notwithstanding admitting that there are still certain challenges to be faced.
Representatives of the Salvadorian Association of Cable Operators (ASCAES) has cautioned that the recently established free trade agreement with the US is already affecting 60 national companies.
