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arcos Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 04:47 PM
Original message
Bush clears way for Costa Rica to join CAFTA
Source: Reuters

WASHINGTON (Reuters) - President George W. Bush cleared the way on Tuesday for Costa Rica to formally join a regional free trade agreement between the United States, the Dominican Republic and four other Central American countries.

<snip>

"This step marks an important milestone in our relationship with Costa Rica, building on our strong economic and political partnership," U.S. Trade Representative Susan Schwab said.

<snip>

It was the last of the five Central American countries to strike a deal with the United States, and then the last of all the CAFTA countries to ratify the pact.

Costa Rica's voters narrowly approved the trade deal in a referendum in October 2007, but the nation's lawmakers continued to haggle over its terms. The legislature finally voted to implement the agreement in November.

<snip>

Read more: http://www.reuters.com/article/politicsNews/idUSTRE4BM5...



:puke:
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Taverner Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 04:49 PM
Response to Original message
1. Because our implementation of NAFTA worked so well
:eyes:

Seriously - it had potential. To us college students at the time it was billed as an EU-like policy. Too bad it was nothing like...


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awoke_in_2003 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 05:44 PM
Response to Reply #1
2. Definate not EU-like
these free trade agreements are just a way to find the next pool of cheap labor.
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 02:07 PM
Response to Reply #1
19. Really? I never bought it, and perhaps because I took about 15 hours of
Economics. I realized that sooner or later, we would have nothing here and be just like Mexico. China and the other Bananna republics. It happend really fast under GW "thief" bush.
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Joanne98 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 05:58 PM
Response to Original message
3. What's up in Costa Rica?
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The Sushi Bandit Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 06:22 PM
Response to Original message
4. So Maui Sugar gets Screwed by Bush
by flooding the market with cheap sugar
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Wabbajack_ Donating Member (669 posts) Send PM | Profile | Ignore Tue Dec-23-08 10:35 PM
Response to Reply #4
9. I should pay more for Maui Sugar? Home come?
This doesn't help poor Americans and Costa Ricans?
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bluesmail Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 09:07 PM
Response to Original message
5. I don't think so, Mr. President
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OhioChick Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 09:09 PM
Response to Original message
6. Screw that! n/t
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Azlady Donating Member (889 posts) Send PM | Profile | Ignore Tue Dec-23-08 09:59 PM
Response to Original message
7. NO Way! !!!
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robcon Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Dec-23-08 10:20 PM
Response to Original message
8. Great news. Cafta should be expanded more widely.
Free trade is a great benefit to every nation. Peace. Interdependence. Economic growth. Win, win, win.
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David__77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 03:05 AM
Response to Reply #8
10. That's the idea.
I'm a left-winger, and I do not believe that capitalism is the end of the road in terms of social development. But I do agree that peace and development are served by global economic integration, whether of the capitalist variety or not. Developing countries have a lot to gain, provided they utilize foreign physical and intellectual capital to develop domestic economy and not merely enrich a feudal style class of national traitors. China is on the whole a positive example of how to utilize foreign direct investment and export-oriented industries.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 01:26 PM
Response to Reply #10
16. I agree. China is a "shining example".
Industry and Commerce is run from a centralized single-party authoritarian Communist government.
Most polluted country in Asia and getting worse.
Massive pools of slave labor that are be coerced into compounds where ALL their needs and behaviors are dictated from Company HQ. Pregnant Female laborers are forced to get abortions.
Even talking about "Unions" is a death sentence.

Yes. China is a beacon of the inevitable results of "Free Trade".... a real workers paradise.

Thank You, Bill Clinton.
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David__77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 02:56 PM
Response to Reply #16
20. Ooga booga - communism!
McCarthy's time has come and gone... China has the right to its own social system. You're obviously misinformed. China has had the highest economic growth rate. It has gone from a starving feudal impoverished country to the fourth largest economy in the world, rapidly closing in on the moderately developed countries. In another 40 years, it will be a developed country like in Europe.

Cite evidence that "talking about unions" is a capital crime. No such thing. There is one union federation, but even the unrecognized ones operate in many circumstances. Peasants leave the countryside to work in those "compounds" because the pay is higher. I agree that the workers need better representation and working conditions, but I think that conditions are better there than in many comparably developed countries, like Indonesia, for instance.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 04:06 PM
Response to Reply #20
21. And do you also believe that....
...American Labor (Working Class) is just going to have to compete with peasants living in compounds in China?
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David__77 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 04:22 PM
Response to Reply #21
22. Aren't they already doing so?
I don't get the point. Of course there's international competition. That's the way the US wanted it, right? Soon, you'll have to shift your ire from China to some other country, like Vietnam or Pakistan, where labor is cheaper. China is not considered an expensive labor market by some multinationals as wages rise there.
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bvar22 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 09:50 PM
Response to Reply #22
24. "That's the way the US wanted it,"
No.
Thats the way the CEOs of the Global Corporations, the Republican Party and their co-conspirators in the Democratic Party (DLC) and Bill Clinton wanted it.

Organized LABOR, the Democratic wing of the Democratic Party, and Ross Perot loudly OPPOSED (and OPPOSE) the "Free Trade" treaties and MFN trade status for countries without equitable environmental protections and protections for LABOR......

Of course, we turned out to be 100% right, and are still right, but that is little comfort for the young man or woman entering the labor market in the USA today.

Until the American Worker has Universal single payer HealthCare, and the foreign trade partners have equitable Environmental regulations and Human (Labor) Rights protections, and Cost of Living parity, it will be a race to the bottom.
We are almost there.
I don't even see a viable way to fix the disaster. The money is already gone. The production infrastructure has been dismantled and sent overseas. American LABOR and the Working Class has NO representation in government, and very little representation in the Democratic Party.

I'm glad I'm old and was in the American Workforce before Reagan and Clinton (DLC) managed to work their magic on the American Working Class.
I'll do OK, but I weep for our country.
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 07:46 AM
Response to Reply #8
12. Either you forgot the sarcasm tag, or you are morbidly misinformed. n/t
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 02:05 PM
Response to Reply #8
18. Its great racing to the bottom of the wage scale. After all American
workers don't matter, just the rich matter. And only the rich have benefitted from free globalization on the whole.
So support impoverishing more Americans. Soon they will be insourcing cheaper management and that is when the pigs will cry .
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Ian David Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 07:46 AM
Response to Original message
11. Free Trade at the barrel of a death squad's gun. Nice. n/t
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ananda Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 11:53 AM
Response to Original message
13. Good result for Costa Rica's rich and elite.
I guess they managed to swing the vote.

It's a very bad result for CR's poor,
workers, and the environment.
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starroute Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 12:05 PM
Response to Original message
14. It's something the Chamber of Commerce pushed for really hard
The US Chamber of Commerce was pushing hard for CAFTA, both in Costa Rica through AMCHAM and in this country through lobbying and its various front groups. Costa Ricans really weren't happy about the idea, which is why there eventually was a nation-wide referendum.

There were a lot of threats at the time from CAFTA supporters warning of dire economic consequences if Costa Rica didn't join -- and even then, the victory was a narrow one. As I recall, opponents had concerns in particular about intellectual property rights as related to drug company exploitation of native medicinal plants -- which is the sort of thing that happens once you drop trade barriers.

I haven't been following the story lately, though -- hopefully the legislature there managed to get somewhat better terms in the deal.

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formercia Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 12:43 PM
Response to Reply #14
15. Anything the Chamber of Commerce promotes is suspect.
IMHO.
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Acadia Blue Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 02:03 PM
Response to Original message
17. The little thief will create more outsourcing to further impoverish
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conspirator Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Dec-24-08 04:22 PM
Response to Original message
23. Costa Rica is now the 52 state nt
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