In Latin America and the Caribbean, we already talk in terms of lost decades. If we fail to envision FTAA as a means to increase regional competitiveness and fail to work side-by- side to achieve this broader vision, we will have to start speaking of the region in terms of lost generations.

Ask many observers of Latin America and the Caribbean why the hemisphere is floundering, and they will say that the United States has neglected the region since September 11 and the war in Iraq, thus leading to a downward spiral. It is time to put such superficial analysis aside.

By electing Mr. Berger, Guatemalans voted for their future, not their past. Now is the time for the United States to come alongside Guatemalans and do the same.

Trade is not a panacea, but it remains the best tool we have to support economic growth, democracy, and a new strategic partnership in the hemisphere.

Now is a time when judicious leadership and cooperation from all corners of the hemisphere will pay rich dividends, while a failure of leadership could cause further drift leading to increasing suspicion and divide. Ultimately, history will judge the result.