US embassy cable - 02TEGUCIGALPA2753

MEDIA REACTION: RAUL MORENO, SALVADORAN ECONOMIST, CRITICIZES THE IDEA OF A CA FREE TRADE AREA BEFORE HONDURUAN CONGRESS; REPORTING ON TWO ECONOMIC CONFERENCES

Identifier: 02TEGUCIGALPA2753
Wikileaks: View 02TEGUCIGALPA2753 at Wikileaks.org
Origin: Embassy Tegucigalpa
Created: 2002-09-30 21:35:00
Classification: UNCLASSIFIED
Tags: OIIP KPAO HO PA
Redacted: This cable was not redacted by Wikileaks.
This record is a partial extract of the original cable. The full text of the original cable is not available.

UNCLAS TEGUCIGALPA 002753 
 
SIPDIS 
 
FOR PD/WHA (MBUCKLEY) 
INFO IIP 
EMBASSIES FOR PAOS, APAOS, Ios, 
 
E.O. 12958: N/A 
TAGS: OIIP, KPAO, HO, PA 
SUBJECT: MEDIA REACTION: RAUL MORENO, SALVADORAN ECONOMIST, 
CRITICIZES THE IDEA OF A CA FREE TRADE AREA BEFORE HONDURUAN 
CONGRESS; REPORTING ON TWO ECONOMIC CONFERENCES 
 
 
1. September 28, "El Heraldo," a moderate Tegucigalpa-based 
daily, carried a full-page article on the presentation of a 
Salvadoran Economics expert to the Honduran national 
Congress. The President of the Honduran National Congress, 
Porfirio Lobo, had invited him to talk about the "Social 
Impact of a Free Trade Agreement in Central America.  Other 
papers also reported on the speech. 
 
  Media Coverage on Free Trade Agreement 
 
  1.   On Saturday September 28, "El Heraldo" and "La Tribuna" 
     (Liberal party periodical) ran articles focusing on the Free 
     Trade Agreement and the presentation of the Salvadoran 
     economist to the Congress. 
 
     El Heraldo, "Free Trade Agreements will be the kiss of 
     death for Central American Integration" - The Central 
     American Free Trade Agreements with Mexico and the 
     United States do not guarantee sustainable development, 
     but rather guarantee an increase in poverty and 
     disparity of incomes and the loss of competitiveness of 
     the small states. 
 
     "These agreements are not just commercial, they upset 
     the social relationship inherent in production and the 
     circulation and distribution of income; furthermore 
     they harm the political and legal systems, the 
     environment and labor relations within the country. 
     these are not Free Trade Agreements but agreements for 
     free investment." 
 
     "FTA will stop the integration process because its aim 
     is to establish bilateral free trade..FTA is flawed due 
     to the absence of a social agenda." 
 
     MEDIA COVERAGE-- September 24-27 
 
  2.   September 26, "El Tiempo"- San Pedro Sula-based Liberal 
     paper owned by Businessman and Congressional Deputy 
     Rosenthal, reported on an AmCham-Honduras, SICA (Secretaria 
     de Integracin Centroamerica) and USAID-hosted conference on 
     FTA and its impact on regional integration and the economy, 
     saying "the biggest obstacle to negotiations on fta is 
     reaching a consensus on Central American integration." 
 
  3.   September 27, "El Tiempo" ran an article called "Free 
     Trade Agreement could break Honduran small businesses" in 
     reporting on an economic conference hosted by the Honduran 
     Foundation for Development (FUNHDE) at the Central American 
     Bank of Economic Integration, which discussed the economic 
     and social sector implications of the FTA. According to the 
     President of FUNDHE, "at least 15,000 micro and small 
     businesses will disappear if they do not receive support to 
     handle the challenges that the free trade agreements will 
     present." 
 
  4.   September 28, La Tribuna reported on a speech by a 
     deputy from the Democratic Unification Party to a group of 
     students.  "The ftaa will promote investments and the 
     circulation of northamerican capital, but will not encourage 
     symmetry between the economy of latin america and the 
     Caribbean and that of the us. 
 
Pierce. 

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