The Central American Free Trade Agreement (CAFTA) between the USA and Central America has been one of the most discussed trading issues of this region for quite some time. In this study Benjamin Hauck analyzes the service dimension of CAFTA and examines the challenges and opportunities which it entails on El Salvador, Guatemala and Honduras. CAFTAs principal merits are seen to be the establishment of a binding legal framework which serves as a lock-in-mechanism of previous reforms and the initiation of a broad public discussion about the competitiveness of the region. In the author´s opinion...