Canada Central American Free Trade Agreement

It is clear that NAFTA remains a flash in the eye for political views on globalization and free trade in general. Opposition to NAFTA has grown and made it much more politically difficult to adopt other similar free trade agreements. This is clear from the summer of 2005, when the Central American Free Trade Agreement (NAFTA) came to a halt in Congress due to a lack of support. Two journalists, Dawn Gilbertson and Jonathan J. Higuera, who wrote in the Republic of Arizona for the tenth anniversary of NAFTA, summed it up as follows: “The reality of NAFTA at 10 is this: a developing story of winners and losers, mostly separated from where you work and what you do.” The same goes for the impact of NAFTA on small businesses. For some, it was a chance to grow and for others, it was a challenge. On the 16th U.S. merchandise exports to Central America totaled $32.75 billion in 2019. Leaders, etc.

Exports to Central America include oil, food producers, textiles and fabrics, and computer and electronic products. Major U.S. imports from Central America include apparel products, agricultural products, finished products, and food producers. The United States is the main supplier of goods and services to the Central American economies. More than 40% of Central America`s total exports come from the United States. Canada is consistently referred to as a trading nation, with total trade accounting for more than two-thirds of its GDP (the second highest level in the G7 after Germany). [1] [2] Of this total, about 75% are treated with countries that are part of free trade agreements with Canada, particularly with the United States, on the North American Free Trade Agreement (NAFTA). [3] At the end of 2014, Canadian bilateral trade reached $1 trillion for the first time.

[4] On October 1, 2002, the United States became. .

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