WebCAFTA-DR Provides Increased U.S. Export Opportunities: Central America is the second largest U.S. textile export market in the world (NAFTA is first). The United States exported $3.05 billion worth of textiles and apparel to the CAFTA-DR region in 2010; a 25% increase over 2009. CAFTA-DR Has State-of-the-Art Rules of Origin: - Yarn-Forward Rule ... WebJul 16, 2024 · What Are the Benefits of the CAFTA? In 2024, the total trade of goods between member nations was $57.9 billion. For the U.S., the CAFTA trade area represents the third-largest export market in Latin America behind Brazil and Mexico. The U.S. Department of Commerce reports that the deal has benefited a wide range of U.S. …

Honduras - Trade Agreements

WebCombined, the countries in the CAFTA-DR would represent the United States' 18th largest goods trading partner, with $57.4 billion in total (two way) goods trade during in 2024. Exports totaled $32.2 billion while … WebBenefits of the CAFTA-DR for Agriculture: 07/25/2005: CAFTA Does Not Affect U.S. Immigration Laws: 07/25/2005: An “Un-Stacked Deck”: CAFTA Dispute Panels Will Be Transparent, Fair: 07/22/2005: The FACTS on CAFTA and Government Procurement: 07/20/2005: CAFTA’s Labor Provisions: World Class, Best Ever: the new newlywed game

Central America-Dominican Republic Free Trade …

WebJul 15, 2015 · According to the U.S. Department of Commerce, CAFTA-DR has benefited U.S. exporters of petroleum products, plastics, paper, and textiles, as well as manufacturers of motor vehicles, machinery, medical equipment, and electrical/electronic products. … They claim many of Brazil's economic benefits went to the higher classes. … The U.S.-Mexico-Canada Agreement (USMCA): The USMCA, which replaced … WebThe CAFTA provided a 10 year provision for certain cotton and man-made fiber (not wool) apparel assembled in Nicaragua, using non-CAFTA-DR yarns and fabric, to be permitted to enter the U.S. duty free, up to 100 million square meter equivalent units (SME) per year. However, the provision expired at the end of 2014, and was not extended. WebNov 17, 2008 · Despite rhetoric about DR-CAFTA’s benefits to Central America, the accord was in fact designed to remove the region’s existing protective tariffs, “leveling the playing field” to give the U.S. significantly more access to Central American markets. ... DR-CAFTA has plenty of critics in Washington as well; it passed the U.S. Senate and ... michelin star manchester city centre