Monday, October 17, 2005

Gutierrez Selling CAFTA

From Bloomberg News:

U.S. Commerce Secretary Carlos Gutierrez is ushering executives from Ford Motor Co., Hewlett- Packard Co. and 17 other companies around Central America this week in an effort to make good on promises to expand trade with the region.

The trip comes two months after the U.S. ratified the Central American Free Trade Agreement. The measure passed only after President George W. Bush promised reluctant lawmakers and manufacturers that Cafta would create U.S. investment opportunities in Central America, increase U.S. exports, and foster political stability in a region once wracked by civil war.

Gutierrez said the mission is aimed at turning those pledges into reality.


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