March 1 marked the first anniversary of the implementation of the US-Central American Free Trade Agreement (DR-CAFTA) in El Salvador. While Presidents Bush and Saca met in Washington DC and made statements about how beneficial CAFTA had been for "everyone," back in El Salvador the social movement, youth groups, economists, and the FMLN party all disputed those claims.
The results of the free trade agreement between El Salvador and the United States are disappointing because at the end of 2006, export operations only grew 3.5 percent, economist Evelio Jesus Ruano adjudged on Monday.
The Salvadorian Farabundo Marti Front for National Liberation (FMLN) seeks on Sunday an alliance to renegotiate the Free Trade Agreement with United States. Only a year of being implemented, that agreement damaged the agricultural sector, small and middle companies, disarticulate productivity even more and increased trade deficit for a rise in imports, compared to exports, they stated.
Taiwan has completed free trade agreement (FTA) consultations on all issues, including country of origin and market access issues, with El Salvador and Honduras.
Current state of play with intellectual property law reforms in Central America under the US-DR-CAFTA.
Failure to agree on sugar quotas yesterday prompted Taiwanese President Chen Shui-bian to delay the signing of a Free Trade Agreement (FTA) with El Salvador, saying that the two countries must first iron out their differences.
Seven months after the Central American free trade treaty with the United States came into effect, small-scale producers and economists in El Salvador say that it only benefits a few sectors of society, to the detriment of most national production and thousands of jobs.
The Salvadoran Market Vendors Movement held peaceful protests yesterday morning to denounce police confiscation and repression. The work of market vendors were criminalized last December when the right wing in the Legislative Assembly pushed through dozens of reforms to bring El Salvador into compliance with the US-Central America Free Trade Agreement (CAFTA).
Taiwan’s Ministry of Economic Affairs announced Sunday that a second round of free trade agreement (FTA) talks with El Salvador and Honduras was scheduled to kick off the following day in San Francisco.
The Tory government says a free trade agreement with Central America, on ice since 2004, will eventually be debated in the House. One academic doesn’t mind the delay, worrying the deal could be bad news for some nations, while industry officials worry Canadian firms may lose interest before the deal is reached.
Once it’s done, Canada-Central American Free Trade Agreement will be debated in the House of Commons, Conservative MPs said last week, but there are no guarantees draft agreements will be available to civil society organizations or other third parties.
Taiwan hopes to sign a free trade agreement with El Salvador in October, if negotiations could be completed smoothly, Director-general of the Ministry of Foreign Affairs’ Department of Central and South American Affairs Ko Jai-son said on Tuesday.
Colombia, fresh from reaching a free trade agreement with the United States, is now trying to eliminate trade barriers with Central America.
The Canadian government is facing demands to disclose a draft free trade agreement with four Central American nations currently in the final stages of deliberation behind closed doors.
The first round of Taiwan’s free trade agreement (FTA) negotiations with El Salvador and Honduras is expected to take place from Monday to Wednesday in Central America, officials with the Ministry of Economic Affairs said on Thursday.
El Salvador, the world’s top coffee producer, is keen to sign a free trade agreement with Qatar.
With just 40 days in force, the Free Trade Agreement (FTA) with the US already has negative effects for the Salvadoran people, the Farabundo Marti National Liberation Front (FMLN) has denounced Thursday.
Colombian President Alvaro Uribe said in January the South American nation would negotiate free trade agreements with Guatemala and El Salvador.
Taiwan’s free trade agreement (FTA) negotiations with Nicaragua are expected to be finalized by the end of this year. In addition, Taiwan is scheduled to start FTA talks this year with El Salvador, Honduras, Costa Rica and the Dominican Republic.
Representatives of the Salvadorian Association of Cable Operators (ASCAES) has cautioned that the recently established free trade agreement with the US is already affecting 60 national companies.
CAFTA creates a new legal framework for the sale of water and other public services, although it allows countries to "opt-out" of the public services of their choosing. El Salvador’s President Tony Saca chose no service exemptions, and thus opened the entire water sector to competition by international corporations.