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Dominican businesspeople do not see any advantages on the Free Trade Agreement signed between the Dominican Republic, the US and Central America (CAFTA-DR), said Ignacio Mendez, president of the Dominican Industrials Association.
What will become of Costa Rica? That's the question on my mind, now that my adopted country has narrowly accepted CAFTA. Our national slogan is "Pura vida!" meaning "pure life," and it's commonly used as an affirmation that life is good. It's easy to understand how such an expression could catch on here: Costa Rica has virtually no enemies, a temperate climate, and a hell of a lot of good beaches. However, as an expatriate whose previous hometowns have been despoiled by global capitalism, I find it difficult to imagine that life will be as pure or as good once the effects of CAFTA begin to kick in.
Costa Rica, one of the few Latin America countries still with a state-run telephone sector, is expected soon to open to big foreign players as part of a trade deal with the United States.
The Commerce Ministry yesterday indicated to the United States that it is ready to resume talks on a free-trade agreement (FTA) as concerns mount that Thailand may lose its competitive edge to export rivals.
A U.S. congressional aide expressed distrust of the pending free trade agreement (FTA) with South Korea, claiming Wednesday it does not eliminate trade barriers, especially on beef and autos.
The US and China have agreed to implement a new bilateral food safety system by initially focusing on four product categories, said FDA officials.
The Dominican Republic and Guatemala are the only two countries in DR-CAFTA that have not been able to access money from the Millennium Account due to internal issues.
The Korean government made yet another plea to local assemblymen to pass the much-disputed free trade agreement with the United States before the National Assembly session ends in May, calling the inability to ratify the pact in both countries "very regrettable". But the bill, signed on April 2 one year ago, faces diminishing hopes. Legislators in both countries are dragging their feet amid upcoming elections, rural American voters are demanding the resumption of U.S. beef imports to Korea and the U.S. Congress is struggling with the ratification of other FTAs.
Malaysia's new trade minister said on Thursday there was no rush to sign a free-trade deal which the United States hopes could be struck before President George W. Bush leaves office this year.
The Assistant United States of America Trade Representative to Africa, Madam Florizelle Liser says Liberia needs law that will protect domestic and foreign businesses in the country.
