www.joc.com THE JOURNAL OF COMMERCE 23
LATIN
AMERICA
TRADE
AND
LOGISTICS
SPECIAL
REPORT
A DECADE AFTER its sign-
ing, and f ive years af ter
full implementation, the
C ent r a l A mer ic a F r e e
T rade A g re ement m ay
n o t h a ve t r a n s f or m e d
Central America into the
powerhouse of textile and
apparel trade forecast by
s ome opt i m i s t s , but it
has facilitated signifi cant
g row th in that sector of
t he r e g ion 's e c onom y,
along with diversifi cation
into other sectors.
CAFTA
AT10
By Alan M. Field
The Central America
Free Trade Agreement
has helped members
grow, but the pact
is hardly a panacea
in the battle
against low-cost Asian
competitors