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CAFTA kicks in, but will it include Costa Rica?(Central America Free Trade Agreement, Free Trade Agreement, 2004, United States-Central America-Dominican Republic)(Brief Article)

JoC Week

| March 06, 2006 | COPYRIGHT 2002 All Rights Reserved. (Hide copyright information)Copyright

The Central America Free Trade Agreement finally took effect on March 1, after El Salvador became the first signatory from the region to qualify by adjusting its local laws to CAFTA requirements. The other signatories--the Dominican Republic, Guatemala, Honduras and Nicaragua--could be ready to enact CAFTA as early as July, according to Jon Fee, a partner at Alston & Bird, an international law firm. The missing link remains Costa Rica, which has yet to ratify the agreement. The reason: Oscar Arias, a …

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