MIAMI,
Florida (AP) -- Finding their region winning growing international attention and
eager to keep up with the free-trade momentum, Caribbean civic and industry leaders
are pushing for business, environmental and political reforms during an annual
meeting in Miami this week.
The
private Caribbean-Central American Action group, which sponsors the conference,
is calling on industry to take an active role in making the Central American Free
Trade Agreement more than a paper deal when it takes effect next year.
Nicaraguan
President Enrique Bolanos predicted the agreement would become an example for
the rest of Latin America. Speaking to the press shortly before the event's inaugural
dinner Monday, he criticized countries such as Argentina and Venezuela that rejected
a hemispheric trade agreement last month during the Summit of the Americas.
"There
are countries that don't want it. They are committing a mistake for their people,"
he said Monday night. "But you can't force someone to drink water who is
not thirsty. ... The opportune moment will arrive when they see the great success
of Central America, and they are going to become convinced."
Organizers
of the event also are calling on the private sector to support a single regional
economy for the mostly English-speaking Caribbean nations not included in CAFTA.
So
far only a handful of the roughly 15 countries have said they would join a single
market, considered a likely precursor to a free trade agreement. Caribbean-Central
American Action President Federico Sacasa, a former senior Bank of America executive
and Nicaraguan native, said Caribbean nations can no longer afford to ignore globalization
if they hope to reduce poverty in their struggling nations.
"Sometimes
we're our own worst enemies," Sacasa said. "The private sector, which
has been the enemy of change, needs to reach out together with civil society to
be advocates for government changes."
Toward
that end, poverty and political instability, most notably in Haiti, are also on
the list of topics for the conference, which ends Wednesday.
Bolanos
told the crowd of several hundred that infrastructure should be the region's priority.
"Tell
that big whale to help you build roads," he said, in a lighthearted reference
to the United States.
While
in recent years the region has been on the back burner of U.S. foreign policy,
the Caribbean or so-called "Third Border" is increasingly drawing U.S.
attention. That change is due in part to its growing relationship with China,
whose trade surplus with the United States has raised concerns for the Bush administration,
as well as with Venezuela, whose President Hugo Chavez has become one of the hemisphere's
most outspoken critics of the president.
"This
has reawakened U.S. interest in Latin America in general and the Caribbean in
particular," said Florida International University Economics Professor Antonio
Jorge.
And
with the recent failure to create a hemisphere-wide Free Trade Area of the Americas,
the United States is also eager to sign in smaller trade agreements, such as the
Central American treaty.
Still
the Caribbean has an uphill battle in becoming a significant trade partner for
the United States. The combined economy of its 22 major players, including the
Central American countries, is equivalent to only about 1 percent of the U.S.
economy.
The
Caribbean Basin countries have signed regional trade agreements with the United
States since 1983, but many quotas remain and the treaties must be renewed every
few years.
Sacasa
noted that each of the islands has a different set of customs procedures, further
complicating trade.
"We
need to make ourselves more attractive for investment."
Many
of the region's fragile economies face threats amid looming European sugar price
cuts, and even their booming tourist industry may be reaching its limits, said
Daniel Erikson, a Caribbean analyst for the Inter-American Dialogue policy institute.
"As
a percentage of the economy it will be very important, but how much can they really
rely on that for growth?" Erkison said.
The
growing influence of China and Venezuela in the region increases the value of
trade with these countries as much for political reasons as economic ones, Erikson
aid.
Venezuela's
Chavez has offered preferential financing for Caribbean countries interested in
buying petroleum. Meanwhile, China has courted the Caribbean countries in its
effort to reduce Taiwan's international allies.
China
recently added a number of Caribbean countries to its approved travel destinations,
including Antigua, the Bahamas, Barbados, Dominica, Jamaica and St. Lucia.
The
Caribbean countries have another key feature going for them when it comes to trade
with the United States -- geography.
"It's
easier to get from New York City to the Caribbean than from New York to Los Angeles,"
Sacasa said. "That's what makes us different from anywhere else in the world."
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2005 The Associated Press. All rights
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