[hedgetrimmer]

"We are combining trade with aid to generate economic growth and reduce poverty," said Ambassador Rob Portman"

CAFTA is NOT about tariffs!

[hedgetrimmer]

For your research.

[hedgetrimmer]

U.S. Trade Representative Rob Portman, who also serves on the MCC board, said the Honduras compact would maximize the link between development and trade policy, adding that the proposed free-trade agreement between the United States and Central American countries and the Dominican Republic (CAFTA-DR) would be a “powerful tool” to help reduce poverty through trade.

CAFTA would lower tariffs for food and other consumer products and thereby increase the standard of living of people in Honduras, Portman said. “The Honduran compact provides fertile soil that will allow the CAFTA opportunities to take root and to flourish,” according to the trade representative.

Currently, 64 percent of Hondurans live at the poverty level, Applegarth added. The trade agreement is expected to help reduce poverty, helping nations benefit broadly from free trade.

[monkeywrench]

""We are combining trade with aid to generate economic growth and reduce poverty," said Ambassador Rob Portman"

More corporate subsidies. Didn't they used to call this, "public private partnerships"?