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Bush urges Senate to ratify CAFTA

05 Jun '05
1 min read

In his weekly radio address to the nation, US President George Bush urged lawmakers in the Senate to bury differences and resolve burning issues like CAFTA, energy, social security and spending issues.

Speaking about trade with neighbors, Bush said, "About 80 percent of products from Central America and the Dominican Republic now enter the United States duty-free."

He urged the Congress to ratify the trade agreement even as he plans to fly to Fort Lauderdale, Florida, Monday to discuss CAFTA with other Western Hemisphere leaders.

Bush marked out textiles sector in particular, which will get boost as US manufacturers turn competitive with the agreement in place, ushering lower trade barriers in the global market.

"CAFTA will make our neighborhood more secure by strengthening young democracies," he added.

Terming CAFTA 'practical' and 'pro-jobs' piece of legislation, he stressed that "Congress needs to pass it soon."

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