Building bridges across borders

Fussell, Ellen
June 2004
InTech;Jun2004, Vol. 51 Issue 6, p56
This article focuses on the interest of El Salvador Foreign Investment Agency director Patricia Figueroa to establish a partnership with the U.S. through the Central America Free Trade Agreement (CAFTA). Figueroa says it would be smart business if offshore countries partner with U.S. manufacturers instead of competing directly against them. Through CAFTA, the U.S. and El Salvador can become more stabilized and solid trade partners. The agreement is geared to increase U.S. business opportunities to compete around the world. In industries such as food processing and telecommunications, it is no longer economical to manufacture products and raw materials if companies decide to do production across the globe. The goal of CAFTA is to take advantage of lower costs and location to build a bridge of partners in the Western Hemisphere and allow all to remain competitive. Figueroa said accessing the CAFTA market also create more opportunities for engineers to develop project for governments. There could be opportunities to establish contracts in government and the private sector. Manufacturers look for increased market access to solidify their industries. Accessing the CAFTA market could enhance their products, exposing the industries to a variety of skills. INSET: Korean manufacturers get busy.


Related Articles

  • Seeing NAFTA through three lenses. Murphy Jr., Ewell E. // Canada-United States Law Journal;1997, Vol. 23, p73 

    Focuses on the implications of North American Free Trade Agreement (NAFTA) on Mexico. Reasons for Mexico's involvement in the NAFTA; Opening of Mexico to foreign investment; Cultural compatibility of Mexico with other NAFTA nations; Private capital inflows in 1996.

  • Central American trade talks N.O.  // New Orleans CityBusiness (1994 to 2008);6/2/2003, Vol. 23 Issue 49, p11 

    Reports that the Office of the U.S. Trade Representative has chosen New Orleans, Louisiana, to host the sixth round of the Central American Free Trade Agreement (CAFTA) negotiations from July 28, 2003, to August 1, 2003. New Orleans' economic ties with Central America; Countries involved in CAFTA.

  • Editor's Introduction. Slay, Ben // Russian & East European Finance & Trade;Sep/Oct96, Vol. 32 Issue 5, p3 

    Introduces a series of articles related to trade liberalization in the Baltic states. Free trade agreements of Estonia with Latvia and Lithuania, European Union and other bilateral agreements; Importance of trade with Russia and other Commonwealth of Independent States countries; Copy of Baltic...

  • Regional trade arrangements in the western hemisphere. Lion, Christopher P. // Business America;Dec94, Vol. 115 Issue 12, p17 

    Focuses on the six principal regional trade agreements in the Western Hemisphere. Andean Pact; Caribbean Common Market (CARICOM); Central American Common Market (CACM); G-3; North American Free Trade Agreement; Southern Common Market (Mercosur); Agreement features; Economic aspects of the...

  • Atlanta challenging Miami for FTAA headquarters. Collins, John // Caribbean Business;8/22/2002, Vol. 30 Issue 34, p54 

    Focuses on the free trade agreement of the Americas (FTAA) in the U.S. Administration of the FTAA; Selection of the permanent venue of FTAA; States that are contenders for the venue.

  • NAFTA--finally. Kahaner, Larry // Fleet Owner;Mar2001, Vol. 96 Issue 3, p12 

    Looks at some factors that remain unsolved with regards to the North American Free Trade Agreement. Terms of the agreement regarding Mexican trucks; Measures that can be taken by the United States government in order to clear the problem with Mexican trucks; Discussion on cabotage rules.

  • SELLING FREE TRADE IN CENTRAL AMERICA. Edwards, Beatrice // NACLA Report on the Americas;Mar/Apr2004, Vol. 37 Issue 5, p8 

    Discusses the involvement of several countries in the Central American Free Trade Agreement (CAFTA). Guatemala; Honduras; El Salvador; Nicaragua.

  • Dwarfing NAFTA. McClenahen, John S. // Industry Week/IW;05/21/2001, Vol. 250 Issue 8, p45 

    Focuses on the impact of North American Free Trade Agreement (NAFTA) on free trade in America. Allocation of political capital by President Bush behind the creation of free-trade area; Benefits of NAFTA on American farmers; Opposition of the United States toward trade liberalization.

  • After NAFTA: Western Hemisphere trade liberalization and alternative paths to integration. Rivera, Sandra A. // Social Science Journal;1995, Vol. 32 Issue 4, p389 

    Proposes several alternative paths for extending the current system of Western Hemisphere sub-regional trade agreements into a more comprehensive scheme of hemispheric integration. North American Free Trade Agreement (NAFTA) accession; Hub-and-spoke arrangements; Trade agreement merging;...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics