U.S. Hispanic Leaders Endorse DR-CAFTA

S.S."
"I commend those on both Committees who opposed the draft agreement and
attempted to improve its labor rights provisions," Hoffa said .

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Teamsters General President Says Pact Will Cost U. "American workers need
fair and smart trade agreements that will truly strengthen the economy and
create jobs -- not another job-killing NAFTA .

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WASHINGTON, The Hispanic Alliance for Free Trade
(http://www.-
Dominican Republic/Central American Free Trade Agreement (DR-CAFTA).
In addition to the economic benefits, the Alliance emphasized the
importance of DR-CAFTA to U.

"For some a
'no' vote may have been difficult , but it was just.

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economy,"
said J. Our neighbors
in Central America and the Dominican Republic should not be held to a
different standard," said Fernando Mateo, Founder of Hispanics Across America. The White House has indicated its desire to pass CAFTA before the July
4th recess.

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org) today urged Congressional approval of the U.S.

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Antonio Villamil, CEO of The Washington Economics Group, and the
former Director of Tourism, Trade and Economic Development of Florida. Jobs, Harm Economy

WASHINGTON, Following yesterday's actions by the
U.

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"The Administration has negotiated a comprehensive and fair agreement that
promises widespread benefits to just about ever sector of the U.S. It's the right thing to do.

Hoffa Criticizes Congressional Committee's Endorsement of CAFTA Trade Agreement

Senate Finance Committee, the U."
Union members took an active role in the anti-CAFTA effort, targeting key
members of Congress via email through the Teamsters web site.

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"
DR-CAFTA includes Costa Rica, Dominican Republic, El Salvador, Guatemala,
Honduras and Nicaragua .org)
represents a cross section of Hispanic Americans who recognize that free trade
helps to build strong economies and stable democracies, and offers significant
benefits to both the United States and our trading partners throughout the
Americas.

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Department of Commerce, DR-CAFTA
represents the 5th largest growth market for U. exports.

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hispanictrade. House Ways and Means Committee today
ignored the needs of American workers, endorsing the draft Central American
Free Trade Agreement (CAFTA) and moving the deal further along the legislative
process.4 million hardworking men and women throughout the United States
and Canada.

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DR-CAFTA is good for both the
United States and our neighbors.
"The Senate Finance and House Ways and Means Committees both had an
opportunity to send a message to the President that he needed to renegotiate
CAFTA," said Jim Hoffa, Teamsters General President .

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In a
news briefing on Capitol Hill announcing the formation of the Alliance, a wide
cross section of Hispanic American leaders representing nearly 50
organizations, businesses and communities from throughout the nation endorsed
DR-CAFTA as the best way to build the economies of our Central American
neighbors, and to provide new markets for American business and agriculture.-Mexico Chamber of Commerce .

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"As
Hispanic Americans, we also believe it is right to increase economic ties with
nations in which we share so much in common.S. According to the U.

The Hispanic Alliance for Free Trade (http://www.hispanictrade.

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export destination in Latin America, behind only Mexico, and
ahead of Brazil.S. "We're very
proud of the unprecedented response from our members.
Founded in 1903 , the International Brotherhood of Teamsters represents
more than 1.

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The United States recognized in 1983 with the Caribbean Basin
Initiative that building the economies of the region was the best way to bring
stability and freedom.

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S.
A list of members of the Hispanic Alliance for Free Trade is available at
http://www.S.

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I will do everything
within my power to ensure that those who stood with us did not do so in vain,
continuing the fight by mobilizing Teamsters across this country to tell their
Senators and Representatives to stand up against this job-killing trade deal .

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S.
"We all remember that dictatorships were recently common in the region.

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Many of our friends and families suffered greatly under Marxism and military
rule.

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Together, the region already represents the second-
largest U. We firmly believe that DR-CAFTA is the logical next
step for the United States, as it will help prevent a return to the political
instability that characterized much of the region during the 1970's and 80's,"
said Al Zapanta, President + CEO, U.org.

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S. This e-mail army will be
very active in the future," Hoffa said.

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hispanictrade.
"The Congress has recently given overwhelming support to similar free
trade agreements with Australia, Chile, Morocco and Singapore . foreign policy interests.
These votes permit the President to formally send the pact to Congress ,
beginning the legislative clock for Congressional approval as mandated by fast
track.

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CAFTA is a trade agreement between the United States, the Dominican
Republic, and five Central American countries: Costa Rica, El Salvador,
Guatemala, Honduras, and Nicaragua.

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