Minister of Integration and Foreign Trade Gustavo Márquez declared Tuesday that in the event that the parties to the Andean Community decide to sign a Free Trade Agreement (FTA) with the United States, Venezuela will have to revise trade arrangements with those nations.
Latin American countries have rightly learned to be apprehensive over the domination of the United States, and it is this reluctance that is behind their slowdown over the FTAA.
As indicated by CAFTA’s ratification, instead of pushing for the enactment of the FTAA, the Bush administration has re-evaluated its strategy, now attempting to build up momentum by establishing separate free trade agreements with the different regions in the hemisphere through a "divide-and-conquer" strategy.
DR-CAFTA’s narrow victory will incite US domestic producers’ lobbies to exert heavier pressure to get a US-Panama agreement more favorable to US industry.
Passage of CAFTA is not guaranteed because of splits within the US corporate elite over the proper pace and focus of free trade.
An ambitious American plan for a hemispherewide trade pact, which President Bush described as a "vital link for prosperity," is mired in disputes that have led to widespread skepticism about its chances of ever materializing.
Sovereign states are the original right bearers. They have to denounce bilateral investment treaties or their most arbitrary clauses following the procedures provided, in accordance with the legal principles of democratic constitutions; to recover their legislative and jurisdictional powers, by retrieving their inherent jurisdiction which had been delegated to international foreign tribunals, allowing them to rule on the general regulatory or contractual policies of independent nations.
US Trade Representative Rob Portman, now in his second week on the job, faces numerous challenges as he seeks to build support at home and abroad for an ambitious US trade agenda, observers say.
The Fourth Summit on the Battle against the FTAAs was launched in the presence of the Commander-in-Chief Fidel Castro in Palacio de las Convenciones.
The current situation of the FTAAs negotiating process and the campaign of the people’s struggle against this annexation plan devised by the US Government will be analysed from today in the Fourth Hemispheric Summit of the Battle Against FTAAs.
US Secretary of State Condoleezza Rice called on Brazil to "reenergize" talks with the US on the proposed Free Trade Agreement of the Americas.
Clinching a deal for a 34-country free-trade zone that would stretch from Alaska to Argentina is "off the agenda" for Brazil, President Luiz Inacio Lula da Silva said Wednesday.
The US Government Accounting Office was asked to analyze (1) progress made in FTAA negotiations since GAO’s last (April 2003) report (2) factors that have been influencing the FTAA’s progress; and (3) future prospects for the FTAA.
Activists and academics are singing the requiem for the Free Trade Area of the Americas (FTAA), a US-driven initiative that they say will soon be buried. However, the governments that have participated in the talks are not yet talking about failure.
By becoming an associate member of Mercosur, Cuba, at least indirectly, may have some influence in how the FTAA is finally formulated.
The experience of the countries that have been put under the neoliberal policies and the FTA, the results of the economic opening imposed by the Government of President Gaviria, the process of negotiation between Colombia, Ecuador, Peru and the USA, puts in evidence that the right to democratic and popular consultation and resistance is justified.
This document is a summary of information on the ALBA published by the Banco the Comercio Exterior (Bancoex)
As the outlook for the Free Trade Area of the Americas continues to be shrouded in uncertainty, CARICOM is looking to bilateral Free Trade Agreements as a means of improving market access for countries in the region.
Documents the progress of “competitive liberalization,” a strategy advanced by the United States Trade Representative to establish a network of bilateral international trade agreements as steps toward the multilateral GATS agreement.
The fifth annual World Social Forum will take place Jan. 26-31 in the southern Brazilian city of Porto Alegre amidst an upsurge in Latin American sub-regional integration efforts, bolstered by the obvious failure of the project to create the hemisphere-wide Free Trade Area of the Americas (FTAA).