PANAMA TRADE PACT KEY TO U.S. RECAPTURING THE HEMISPHERE.

NotiCen: Central American & Caribbean Affairs | February 15, 2007 | Copyright

Panama and the US concluded a free-trade agreement (FTA) in December that must now be ratified by each country's congress. This "triumph of optimism and hope in the future," as President Martin Torrijos called it, should have smooth sailing through Torrijos' majority congress, but the Democratic majority in the US could scuttle the deal. Panama was able to get concessions from the US that the rest of the isthmus, in negotiating the Central America Free Trade Agreement (CAFTA), could never have dreamed of. But the other countries did not have the multibillion-dollar ...

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