John Kerry: CAFTA is a Giant Step Backward
30 June 2005
The CAFTA vote in the Senate is expected later tonight. John Kerry spoke on the Senate floor this afternoon about his opposition to the Central American Free Trade Agreement (CAFTA).
The remarks that follow are as prepared:
"I have supported free trade for the past two decades. That includes NAFTA, the Uruguay Round, China PNTR, and the many bi-lateral agreements negotiated by the Clinton and Bush Administrations. I continue to believe that open markets and robust trade will benefit America's workers, consumers, corporations and ultimately our security.
"At the same time, we cannot hide from the fact that the benefits of global economic integration bring some very real costs and some very real risks. For a number of years now I have been arguing that Washington must set out a strategy for trade and better prepare America to compete in the global economy.
COMPLETE FLOOR STATEMENT HERE -
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