posted on Jul, 25 2005 @ 09:13 PM
The Central American Free Trade Agreement has recently gained more support among House Republicans, after some concessions were made to appease the
textile industry. The CAFTA agreement, if approved, would lift tariffs on trade between the United States and Costa Rica, El Salvador, Guatemala,
Honduras, Nicaragua and the Dominican Republic. The Senate has already approved the agreement, but its future in the House is still somewhat
WASHINGTON -- Supporters of the Central American Free Trade Agreement on Monday picked up votes from several textile-state Republicans, but were
still hedging on whether they would have a majority when the trade deal comes up for a vote in the House.
"We're getting to the point where we will have the votes," U.S. Trade Representative Rob Portman said a news conference announcing concessions
aimed at ensuring that CAFTA will not result in a further loss of jobs to the battered U.S textile industry.
With the concessions, three House Republicans who had previously leaned against the pact, Spencer Bachus and Mike Rogers of Alabama and Bob Inglis of
South Carolina, said they would now support it.
With the side deal on textiles, CAFTA will help Alabama and the United States, Bachus said. "Additional uncommitted members are realizing this as
well and are coming aboard."
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I think this agreement should be and will be approved. Free trade has proven to be a net positive for the United States, and hopefully NAFTA/CAFTA
will eventually expand to include all of both North and South America.
[edit on 7/25/2005 by djohnsto77]