US Supports Tariff Exemption For FTAA's Smaller States
According to local media reports, two United States Ambassadors are supportive
of the idea that smaller nations in the Free Trade Area of the Americas (FTAA) should be exempt from tariff elimination
due to their high dependency on international trade taxes for fiscal revenues.
The revelation was made as Antigua & Barbuda Prime Minister Lester Bird
met with US Ambassador Sue Cobb and former US Ambassador to Iceland, Charles
Cobb, to discuss issues relating to the FTAA in the run up to the organisation's
Technical Negotiating Committee hearing in Trinidad later in the month, and
the Ministerial Conference due to take place in Miami in November. During the meeting, Mr Bird apparently expressed his support for defining
'small economies' in time for the end of negotiations in 2005 and reiterated
his country's support for the cause of smaller nations. .
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