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• U.S. Department of State

Summary

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 109 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.

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