U.S. Trade Rep expects CAFTA decisions soon
A spokesperson for the Office of the U.S. trade Representative said Monday that a decision on an implementation schedule for the Central America Free Trade Agreement (CAFTA) will be made before the end of the year.
“The U.S. is prepared to implement the free-trade agreement among the United States, Central America and the Dominican Republic (CAFTA-DR) as soon as possible with those countries that the United States has determined to have taken sufficient steps to complete their commitments. An announcement of whether any of the CAFTA-DR signatories will be ready by January 1 will be made before the end of the year. After January 1, the United States will put the agreement into force with the other countries on a rolling basis,' spokesman Christin Baker said.
“We want CAFTA-DR to start as close as possible to January 1, 2006, so that U.S. and regional businesses can begin taking advantage of the Agreement’s benefits in the shortest possible time,' she added.
U.S. Trade Rep expects CAFTA decisions soon
