April 9, 2011 11:46 AM

Nicaragua is unlikely winner in free trade pact with U.S.

The United States free-trade agreement with Central America and the Dominican Republic (CAFTA-DR) celebrated its fifth anniversary this week with American officials hailing the pact’s exemplary success in Nicaragua — a country governed by a self-declared socialist who often rails against the evils of “savage capitalism” but Nicaragua has benefited from CAFTA like no other signatory.

Related content

Suggested for you



Editor's Choice Videos