Broadcast Newsline: December 24, 2003

Gaylon Booker, NCC consultant on trade policy, comments on the completion of a Central American Free Trade Agreement (CAFTA).

Gaylon Booker, NCC consultant on trade policy, comments on the completion of a Central American Free Trade Agreement (CAFTA).

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Booker says U.S. cotton is just beginning its assessment of the effect of CAFTA on the industry.

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Textile concerns, Booker says, relate primarily to the ability of non-signatory countries to take advantage of duty-free treatment.

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Booker says a “cumulative” provision would allow countries such as Mexico and Canada to receive preferential treatment.

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