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Article: CAFTA's Mardi Gras.(Out Of The Box)(United States-Central American Free Trade Agreement; New Orleans, Louisiana)(Brief Article)
- Article from:
- Revista Latin Trade
- Article date:
- September 1, 2003
CopyrightCOPYRIGHT 2003 Freedom Magazines, Inc. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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The port of New Orleans will spend US$95 million to expand its container terminal in preparation for more trade from Central America. Port officials are counting on the impending U.S.-Central American Free Trade Agreement (CAFTA) to boost incoming cargo from the region.
The port, with US$2 billion in revenues, handled 34 million tons of cargo in 2002 and docked approximately 2,000 ships. Port business supports more than 100,000 local jobs. Central America now represents ...