Accession Number:

ADA461375

Title:

Latin America and the Caribbean: Issues for the 109th Congress

Descriptive Note:

Conference paper

Corporate Author:

LIBRARY OF CONGRESS WASHINGTON DC CONGRESSIONAL RESEARCH SERVICE

Report Date:

2005-05-26

Pagination or Media Count:

41.0

Abstract:

The Latin America and Caribbean region has made enormous strides over the past two decades in terms of political and economic development. While the region overall experienced an economic setback in 2002-2003, by the end of 2004, it had rebounded with an estimated growth rate of 5.5 for the year, surpassing even the most optimistic predictions. Nevertheless, several nations face considerable challenges that could threaten political stability, including persistent poverty, violent guerrilla conflicts, autocratic leaders, drug trafficking, and increasing crime. Legislative and oversight attention to Latin America and the Caribbean in the 109th Congress will likely focus on continued counter-narcotics efforts potential consideration of several free trade agreements threats to democracy efforts to foster political change in Cuba and cooperation on border security, migration and antiterrorism measures. Since 2000, the Andean Counterdrug Initiative ACI has been the primary U.S. program supporting the Colombian governments efforts to combat drug trafficking and terrorist activity perpetrated by guerrilla and paramilitary groups. The 109th Congress will likely review ACI progress in response to the Administration s request to continue such assistance in FY2006. In the trade arena, Congress could potentially consider legislation to implement the U.S.-Dominican Republic-Central America Free Trade Agreement DR-CAFTA completed in 2004, as well as two additional free trade agreements currently being negotiated with Panama and with Colombia, Ecuador, and Peru. Congressional consideration of the DR-CAFTA could prove controversial because of opposition from labor advocates and some industry groups.

Subject Categories:

  • Economics and Cost Analysis
  • Government and Political Science
  • Sociology and Law
  • Pharmacology

Distribution Statement:

APPROVED FOR PUBLIC RELEASE