"Working in the arts for as long as I have, I'm very aware of this need," says attorney Dave Ratner, founder and principal of the Creative Law Network, and chair of CAFTA
's Advisory Committee.
The case of Nicaragua offers an interesting analysis of how a leftist government that was supposed to avoid a trade deal with the United States has pursued a pragmatic attitude, signing CAFTA
and overcoming the ideological division of countries in Latin America.
Launched in 2010, the CAFTA
has become the world's largest free trade area among developing economies, covering a total population of 1.9 billion.
According to the report, Hondurans spoke about CAFTA
, the free trade agreement signed between Central America and the United States in 2005.
Scott, NAFTA's Cautionary Tale: Recent History Suggests CAFTA
Could Lead to Further U.S.
Those countries that do not opt for CAFTA
participation will probably lag further behind and will soon find themselves marginalized,'' he said.
(2005a) The case for CAFTA
. Growth, opportunity, and democracy in our neighborhood.
Congress, stating that "CAFTA
offers significant benefits to the food and consumer products industry, and should be ratified as quickly as possible ..." (45).
Arias' Partido de Liberacion Nacional (PLN) now has 25 of the Asamblea's 57 seats, short of a simple majority and way short of the supermajority (38) it was able to cobble together to pass CAFTA
. The PAC, meanwhile, had sufficient power to push the referendum to a conclusion that went against its position, but at 52% to 48%, not overwhelmingly.
Costa Rican President Oscar Arias publicly said CAFTA
would bring investment and jobs, and that it would be "collective suicide" if voters rejected the agreement.
See Jenalia Moreno, El Salvador on Board with CAFTA
: First Central American Nation To Implement Pact, HOUST.