Congressional Testimony: The Implementation of DR-CAFTA
Published: Apr 19, 2005
The rules set forth in the DR-CAFTA on agriculture, intellectual property, and investment add up to a bad deal for farmers, workers, and consumers in Central America and the Dominican Republic. Rather than setting out provisions that will foster broad-based economic growth and sustainable development, DR-CAFTA will put millions of poor people at risk of losing their livelihood. The US should do better if it wants to promote peace, political stability, and economic security in this region that has struggled with poverty and inequality, and the resulting instability, for so long. Unfortunately, the DR-CAFTA is wrong way to achieve these goals, which is why Oxfam urges Congress to vote no.