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Financial In Market Statement by Carl Pope, Executive Director: "In announcing the deal struck over the new Central American Free Trade Agreement (CAFTA) with four Central American nations today, the Bush administration has missed an opportunity to use trade to foster balanced development. Instead, today's agreement would expand the privileges of global corporations at the expense of the environment, working families and communities.

The realization of the North American Free Trade Agreement (NAFTA) national corporations and faceless global market forces. As a result, communities across North America are at a higher risk to dirtier air, unsafe drinking water, borne illnesses. Rather than learn from this historic mistake, the Bush administration is pursuing new trade agreements based on the flawed NAFTA model.

Oriental Trading "The Bush administration is using CAFTA to pressure the rest of Latin America into agreeing with the Free Trade Area of the Americas (FTAA). CAFTA must be judged not only for its impacts on Central America and the United States, but as a model for the hemisphere.

This means communities will have even less resources for fire protection than promised them when the President signed the bill last year. We opposed "Healthy Forests, " but it is now the law. The Bush administration and timber industry got the bill they wanted, and it fails to protect communities from wildfire. The administration's funding proposals show that the Bush administration is not prepared to back up its community protection rhetoric with resources and action.

Financial Forex Forex Software "The trade deal offered today would not only give foreign investors greater rights under U.S. law to challenge community and environmental safeguards; it also could force governments to weaken environmental standards covering a wide-range of services. Under CAFTA's provisions, governments could be barred from setting limits on mining and logging activities in ecologically sensitive areas, and from requiring agribusinesses to use pesticides safely.

The Bush administration is proving that they are increasing commercial timber sales at the expense of community protection. The Bush administration Forest Service spent $90, 000 on a public relations firm to sell its logging plan for the Sierra Nevada, but they are busy cutting funds from community protection. //www.sfgate. article.cgi file=/ BAG295HLG71.DTL

Trading "CAFTA also could increase food safety risks, essentially requiring food-importing countries to accept on faith the safety of fruit, vegetables and meat crossing their borders.

After imposing tariffs on paper imports from China, the Bush administration takes a step further in its fight against what it defines as "trade imbalances" caused by the Chinese trade policy.

Trading Financial System "We can do better:

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Day Trading A responsible trade policy would open up markets and protect the environment as opposed to exposing our communities to new risks.

Forex Financial Trading The Investor rules should ensure that global corporations have with no greater rights than US citizens have under US law.

Fortune Make Option Trading New rights for businesses should be matched with enforceable responsibilities.

Science Of Financial Market Rules on trade in services should include meaningful exceptions for public interest laws.

Future Trading Food trade agreements should include provisions requiring the adoption of the highest safety standards on farms and in processing plants.

Financial Sales Services The American people want trade, but trade that is safe, clean and fair. The Bush administration's proposed CAFTA does not achieve that objective."

Commodity Trading Sierra Club - 12/17/2003

Topic: Trade

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