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Adoption of Central American Free Trade Agreement

Published online by Cambridge University Press:  10 March 2017

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Abstract

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Type
Contemporary Practice of the United States Relating to International Law
Information
American Journal of International Law , Volume 98 , Issue 2 , April 2004 , pp. 350 - 352
Copyright
Copyright © American Society of International Law 2004

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References

1 Remarks to the World Affairs Council of America Conference, 38 Weekly Comp. Pres. Doc. 77, 80 (Jan. 16,2002)Google Scholar.

2 See Memorandum on Notification to the Congress of Trade Negotiations, 38 Weekly Comp. Pres. Doc. 1677, 1678 (Oct. 1, 2002)Google Scholar.

3 Central American Free Trade Agreement (Draft) Jan. 28, 2004, aKhttp://www.ustr.gov/new/fta/Cafta/text/index.htm> [hereinafter CAFTA] .

4 See USTR Press Release on U.S. and Costa Rica Reach Agreement on Free Trade (Jan. 25, 2004). USTR press releases are available at <http://www.ustr.gov>.

5 See USTR Press Release on U.S. & Dominican Republic Conclude Trade Talks Integrating the Dominican Republic into the Central American Free Trade Agreement (Mar. 15, 2003).

6 See USTR Press Release on U.S. & Central American Countries Conclude Historic Free Trade Agreement (Dec. 17, 2003). In 2001, the United States exported goods worth U.S.$9 billion to the initial five CAFTA states, which constituted 40 percent of all imported goods in those countries. See USTR Fact Sheet on Free Trade with Central America (Jan. 8, 2003). The value of such U.S. exports is roughly equivalent to the total value of U.S. exports to India, Indonesia, and Russia. Further, the United States imports from those five countries approximately U.S.$11 billion worth of goods. See Becker, Elizabeth, Costa Rica to Be 5th Country in New Trade Pad with U.S., N.Y. Times, Jan. 26, 2004, at A Google Scholar6.

7 See Becker, supra note 6, at A6.

8 See Weisman, Jonathan, Accord Reached on Free Trade, Wash. Post, Dec. 18, 2003, at Al Google Scholar.

9 Bipartisan Trade Promotion Authority Act of 2002, Pub. L. No. 107-210, 116 Stat.933 (2002)Google Scholar.

10 CAFTA, supra note 3, Art. 22.5.