Why CAFTA makes sense?: Why CAFTA makes sense?
A strong trade partnership: The total trade between the US and Central America amounted $23.2 billion in 2003. If we include Dominican Republic along with Central America, the total trade amounted $31.9 billion in 2003. Why CAFTA makes sense? : Why CAFTA makes sense? Because CAFTA/USA are strong trade partners The US is the most important trading partner for every Central American country, and for the region as a whole. US companies’ exports to CAFTA countries are higher than those to Spain, Israel, Eastern Europe or Egypt. US exports to CAFTA countries are equivalent to those to Russia and India combined. US imports from CAFTA countries are larger than those from Argentina, Chile or South Africa. 50% of Central American imports are originated in the US, while almost 50% of CAFTA’s exports are destined to the US. US Trade with CAFTA & DR: US Trade with CAFTA & DR Agricultural Trade: Agricultural Trade Agriculture depends heavily on trade — U.S. farmers sell approximately one-third of w
