(Franco Ordoñez – McClatchy)
Now that the Trump administration has revamped the North American Free Trade Agreement, it is taking a look at kicking key countries out of its sister pact, the Central American Free Trade Agreement.
Trump officials are taking a very close look at the 2005 pact signed with six Latin American nations to see if they can block Nicaragua, the Dominican Republic and El Salvador from keeping preferential access to U.S. markets without disturbing the rest of the agreement.
“We are very concerned with Nicaragua’s move toward authoritarianism, and El Salvador’s and Dominican Republic’s questionable ties with China,” the official said. “As the United States has made clear, we will not allow our trade agreements, including CAFTA-DR, to become back doors to benefit non-market economies and repressive actors in the region.” Click here to read more.
- What Will The OAS Decide On Nicaragua Today? (News Americas Now)
- Nicaragua: Ortega’s Top Judge Resigns from Supreme Court (Havana Times)
- DR-CAFTA in the Sights of the U.S. Government (elPeriodico)
- Industriales Affirm Country Complies With DR-CAFTA (Listín Diario)
- Chancellor Says the U.S. Did Not Notify DR-CAFTA Expulsion (Hoy Digital)
- Economic Analysis: Implications of Eventual Exit From DR-CAFTA (Noticias SIN)