US-Central America-Dominican Agreement

1. Introduction to the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR)
2. Benefits of the Agreement
3. Certification of Origin
4. Trade and investment flows between the Central American Countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the United States

The Subject “United States-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR)” belongs to the following Programs taught by EENI Global Business School:

Doctorate: World Trade.

Masters: International Business, Foreign Trade.

Languages: or Estados Unidos Etats-Unis.

US-Central America-Dominican Republic Free Trade Agreement (CAFTA-DR).

In 2004, the United States signed the Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) with Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic.

The United States-Central America-Dominican Republic Free Trade Agreement is creating new economic and trade opportunities by:

1. Eliminating tariffs
2. Opening international markets
3. Reducing Technical Barriers to Trade in services and
4. Promoting transparency

The United States-Central America-Dominican Republic Free Trade Agreement facilitates the Foreign Trade and Foreign direct investment (FDI) among the United States, Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic and furthering the regional economic integration.

International Trade.

1. Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic stand for the three largest U.S. export market in Hispanic America (Iberian America)
2. The United States exports to Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic were 19 billion dollars
3. Total bilateral trade between the United States and Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic was 37.9 billion dollars
4. Top export products: mineral fuel, electrical machinery, machinery, and cereals
5. The United States exports of agricultural products to Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, and the Dominican Republic was 3 billion dollars
6. Top import products: coarse grains, wheat, soybean meal and rice

The Dominican Republic and the Central American Countries belong to the Hispanic American Economic Area and the United States belongs to the North American area of Western Civilization.