This article about CAFTA and C.A.-U.S. trade in textiles is from today’s Prensa Grafica. It says that clothing exports from El Salvador to the U.S. went down 12.95% in 2006, and also decreased in all other CAFTA countries, except Nicaragua. It then quotes CAFTA defenders, including the Salvadoran Vice President, saying that this doesn’t mean CAFTA has failed, because things would have been a whole lot worse (because of Chinese textile imports to the U.S.) without CAFTA. Amazing how just a year ago they were promising great wealth and job opportunities with CAFTA, and today they’re saying that CAFTA’s success is keeping exports from sinking to catastrophic lows…
CAFTA and textiles from Prensa Grafica
March 5th, 2007 · No Comments
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