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- Trade agreement between America and many Central American countries
- Establishes lower tariff rates, with the goal of eventually eliminating them entirely
- Originally known as the Central America Free Trade Agreement (CAFTA)
- Renamed in 2004 in honor of the Dominican Republic joining the negotiations
- Officially signed into existence by President George W. Bush on August 2, 2005
- Member countries held referendums to ratify the finalized agreement
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DR-CAFTA is an abbreviation for the Dominican Republic-Central America Free Trade Agreement. It is a long-term agreement between the United States and various Central American countries. Similar to NAFTA, DR-CAFTA seeks to enhance international economic relationships by first reducing, then eliminating trade tariffs between member countries.
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Key Dates
- January, 2004: Dominican Republic joins the negotiations, agreement renamed Dominican Republic-Central America Free Trade Agreement (DR-CAFTA)
- July 28, 2005: DR-CAFTA passes votes in both houses of the U.S. CongressUnited States Senate: Roll Call Vote United States House of Representatives: Final Vote Results for Roll Call 443
- August 2, 2005: President George W. Bush signs the CAFTA agreement
- March 1, 2006: El Salvador, Honduras and Nicaragua officially ratify DR-CAFTA
- May 18, 2006: Guatemala officially ratifies DR-CAFTA
- March 1, 2007: Dominican Republic officially ratifies DR-CAFTA
- October 7, 2007: Costa Rica officially ratifies DR-CAFTA
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DR-CAFTA on Amazon
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International trade developments: president Bush signs DR-CAFTA; WTO issues preliminary ruling against U.S. in export tax dispute.(Capitol Comments): An article from: Nonwovens Industry - $5.95
This digital document is an article from Nonwovens Industry, published by Thomson Gale on September 1, 2005. The length of the article is 1395 words. The page length shown above is...Amazon
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CAFTA-DR passes U.S. Congress.(Free Trade Agreement, 2004, United States-Central America-Dominican Republic): An article from: Caribbean Update - $5.95
This digital document is an article from Caribbean Update, published by Thomson Gale on September 1, 2005. The length of the article is 1263 words. The page length shown above is b...Amazon
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Yeutter to DR-CAFTA backers: 'wake up'.(Dominican Republic-Central American Free Trade Agreement): An article from: Pro Farmer - $5.95
This digital document is an article from Pro Farmer, published by Farm Journal Media on April 16, 2005. The length of the article is 563 words. The page length shown above is based...Amazon
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DR-CAFTA - Nicaragua
- Mahalo's page on Nicaragua
- Enterprise Florida: CAFTA Countries: Nicaragua
- The Christian Science Monitor: Opposition to CAFTA Wanes in Nicaragua (September 22, 2005)
- Global Policy Forum: CAFTA from a Nicaraguan Perspective (August 2004)
- U.S. Department of State: CAFTA-DR: Stabilizing Nicaragua
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DR-CAFTA - Central Figures
- Mahalo's page on Antonio Saca
- Wikipedia: Antonio Saca
- Sun-Sentinel: Face to Face: A Conversation with Antonio Saca (March 27, 2005)
- America.gov: U.S., El Salvador Agree on $461 Million Program To Cut Poverty (November 30, 2006)
- La Prensa: Dr-Cafta Will Dominate the Summit with Bush
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On Twitter Powered by Twitter
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DR-Cafta deal could boost small exporters - Dallas Business Journal: http://tinyurl.com/ye4983l
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Estados Unidos: DR-Cafta ha atraído inversión al país http://bit.ly/5c0VBA
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- Mahalo's page on Antonio Saca
