TITLE

The Trouble With Trade

AUTHOR(S)
Contreras, Joseph; Langman, Jimmy; Johnson, Scott
PUB. DATE
December 2003
SOURCE
Newsweek (Pacific Edition);12/1/2003 (Pacific Edition), Vol. 142 Issue 22, p34
SOURCE TYPE
Periodical
DOC. TYPE
Article
ABSTRACT
Jorge Lavandero, a Chilean senator of the centrist Christian Democrat Party, criticizes the historic bilateral free-trade agreement signed by Chile and the U.S. President George W. Bush administration in 2002. Lavandero wants the Chilean courts to nullify the accord as unconstitutional. His critique of the deal echoes the slogans and rhetoric invoked by the anti-globalization crowd at last week's protests. The latest round of Free Trade Area of the Americas (FTAA) talks may have the unintended result of refocusing trade negotiations on more limited bilateral and regional deals in the foreseeable future. The FTAA is supposed to create the world's largest free-trade zone by January 2005. But negotiations have been dogged by philosophical and practical differences between one very rich nation and 33 mostly poor ones. The stalemate between the U.S. and Brazil, the hemisphere's two largest economies, is the first of many hurdles. The Bush administration's renewed push for agreements with individual countries, or regional groupings, has reopened the debate over the alleged benefits of free trade.
ACCESSION #
11587164

 

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