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US: We Will Continue With Costa
Rica With The TLC
In a statement made following
the entry into force of the
CAFTA-DR for the Dominican
Republic, U.S. Trade
Representative Susan C. Schwab,
said "We will continue our work
with Costa Rica with the goal of
putting the agreement into
effect at the earliest possible
date."
The CAFTA-DR is a trade
agreement signed by the United
States, Costa Rica, the
Dominican Republic, El Salvador,
Guatemala, Honduras, and
Nicaragua in August 2004 and
passed the U.S. Senate in June
2005 and the House of
Representatives in July 2005 and
was signed by the President in
August 2005.
All signatory countries to the
trade deal have ratified the
agreement except for Costa Rica,
which is still bogged down in
discussion in the Legislative
Assembly, following stalls by
the previous government.
The trade deal is know locally
as the Tratado Libre de Comercio
(TLC) and though there is strong
opposition by trade unions,
demonstrated by their latest
protest on February 26, polls
show that almost 70% of Costa
Ricans favour the trade deal.
While the other Central American
countries implemented their
trade deals during 2006, the
Dominican Republic implemented
the trade deal on March 1, 2007.
"We have worked closely and
intensively with all six CAFTA-DR
countries to ensure they meet
their obligations and
responsibilities under the
agreement. Trade with these
countries has increased
significantly over the past
year.
"We are pleased that the
Dominican Republic is now ready
to join El Salvador, Guatemala,
Honduras, and Nicaragua in
putting the agreement into
force.
I greatly appreciate the
diligent effort by President
Fernandez and his government to
adopt legislation and
regulations to implement the
Dominican Republic’s commitments
under the CAFTA-DR. This step
marks an important milestone in
our relationship with the
Dominican Republic, which will
enable us to continue our strong
economic and political
partnership", said Schwab.
While Costa Rican president,
Oscar Arías Sanchéz, is positive
about the passing of the TLC in
the Legislative Assembly, saying
he is confident that he has the
sufficient votes, a
Constitutional Court ruling this
week will mean more delays as
legislators have to deal with
all the appeals against the
trade deal.
Union leaders, calling the march
of February 26 a success, have
vowed to continue to fight
against the trade deal and have
said will take whatever action
necessary to convince the
government to back down.
The daily Spanish language
newspaper, La Nacíon, put the
number of protestors at 23.500.
Another online English language
publication put the number, by
their knowledge of calculations,
at 80,000.
In 2006, U.S. exports to El
Salvador, Guatemala, Honduras,
and Nicaragua grew by over 18%.
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