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What is the Central America and Dominican Republic Free Trade Agreement (CAFTA-DR)?

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What is the Central America and Dominican Republic Free Trade Agreement (CAFTA-DR)?

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The CAFTA-DR is an agreement between the United States and the countries of Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua. When this Agreement enters into force, it will strengthen and develop economic relations and encourage trade among the signatory parties through the reduction and elimination of barriers to trade in goods and services and to investment.

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