It has been one year since the US and Central American governments signed the Central America Free Trade Agreement (CAFTA).
But due to public opposition from activists throughout the Americas, the Bush Administration and Congressional leadership have been unable to bring it to a vote.
Until now.
The Bush Administration has stepped up their campaign to get CAFTA passed, and the latest word is that the US House and Senate will try to bring it to a vote before the July 4th recess.
Increased trade has the potential to reduce poverty and encourage development. But CAFTA is the wrong approach. Here's the problem: Free trade agreements like CAFTA assume a level playing field among countries. But in reality, these trade agreements often exacerbate inequality through unfair trade rules and double standards, thus keeping people in poverty. In fact, implementation of NAFTA has actually increased poverty among small farmers in Mexico. And Oxfam's analysis shows that CAFTA is likely to create more poverty in Central America - especially among poor farmers.
Please email your Representative and Senators today. Urge him or her to vote NO on CAFTA and make their position public. [Your name will also be added to the growing Oxfam petition to Make Trade Fair.]
UPDATE: July 1, 2005
Late Thursday night the Senate narrowly approved CAFTA - voting 54-45 in favor of the agreement. In the end 12 GOP senators broke ranks to vote no. The House is to consider the pact soon. Read More.