ITC reviews impact of CAFTA

ITC reviews impact of CAFTA    The U.S. International Trade Commission (ITC) has started an investigation to assess the impact of a free trade agreement between the United States and five Central American countries.
   The Bush administration concluded a free trade agreement with Costa Rica, El Salvador, Guatemala, Honduras and Nicaragua in August 2004. The Office of the U.S. Trade Representative (USTR) requested the ITC investigation on Nov. 17.
   The USTR’s request also noted that the Dominican Republic would not be included in CAFTA because of its recently enacted tax on beverages sweetened with high fructose corn syrup.
   The ITC will hold a public hearing related to its CAFTA investigation at its Washington headquarters on Jan. 18. For more information, call (202) 205-1816.