Republican members of Congress ask for Nicaragua to be left out of CAFTA-DR
Two republican members of congress asked the US Secretary of State, Condoleezza Rice, to drop Nicaragua from CAFTA-DR.
Thursday, December 11, 2008
This petition was made by Ileana Ros Lehtinien and Lincoln Díaz-Balart in a letter, said the Nicaraguan oppostion. They have asked for the suspension of CAFTA-DR "until the Government of Nicaragua hold free and fair municipal elections with international observers present."
The Dominican Republic, Central America and the U.S. agreed to make adjustments in agriculture, sanitary standards, textiles and disputes.
Since yesterday 99% of Costa Rican exports will enter the US market tariff-free.
Nicaragua now has a surplus of $1 billion and trade with the country has grown by 75% in six years, thanks to the DR-CAFTA, overtaking Guatemala and the rest of the region.
Most of the products which Nicaragua exports to the USA will continue to enjoy, for at least 10 years, tariff advantages compared to those products sold within the Transpacific Association Agreement.
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