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Expanding on NAFTA. they were able to consolidate power on the domestic front. by deindustrializating the United States through CAFTA, the Central American Free Trade Agreement, as well as the SPP, the Security and Prosperity Partnership.
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As the United States Congress begins to debate the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA), a titanic struggle between the forces of free trade and protectionism promises to unfold.
But that debate should not be allowed to mask the truth behind this treaty: the DR-CAFTA is more a pleading of special interests than a free-trade deal.
But the trade rules inscribed in DR-CAFTA promote profits for a few at the expense of the well being of the many.
The DR-CAFTA pays lip service to international labor standards as enshrined in the International Labor Organization's core labor rights, but promptly throws them overboard.
DR-CAFTA does neither.
That the region's bloody history is truly behind it seems to have been confirmed by the recent signing of the Central American Free Trade Agreement (CAFTA) with the United States.
Paramount to CAFTA is a concern about the extent to which Central American countries will liberalize their economies.
Although CAFTA represents an important opportunity in the region's quest to expand its access to the US market, it is unclear whether the new rules will strengthen or weaken Central American producers.
Central American textiles were also caught in a CAFTA snag.
Finally, CAFTA fails to address labor issues in any significant way.
Instead, their attention is captivated solely by CAFTA's uncertain promises.
What lies ahead is uncertain; the Economic Commission for Latin America and the Caribbean stressed that CAFTA's implementation will add 0.5 percentage points to the rate of annual GDP growth in the region.
Regardless of its prospects, CAFTA is far from a done deal, and it at least opens the way for more discussion and debate.
Maybe the best news about CAFTA is that the US Congress is reluctant to take it on during an election year.
That mission's highlight was my dialogue with Taiwanese President Ma Ying-jeou, who stressed the importance of connecting Taiwan to the China-ASEAN Free Trade Area (CAFTA) in the light of warmer relations developing between the Mainland and Taiwan.

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