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CAFTA-DR Trade Investment Summary U.S. goods exports to CAFTA-DR in 2022 were $48.3 billion, up 24.3 percent ($9.4 billion) from 2021 and up 62 percent from 2012. U.S. goods imports from CAFTA-DR totaled $35.6 billion in 2022, up 19.4 percent ($5.8 billion) from 2021, and up 15 percent from 2012.
Is Nafta still in effect?
The American Farm Bureau Federation estimates CAFTA could expand U.S. farm exports by $1.5 billion a year. Manufacturers would also benefit, especially in sectors like information technology products, agricultural and construction equipment, paper products, pharmaceuticals, and medical and scientific equipment.
What is the trade agreement between the US and the Dominican Republic?
The CAFTA-DR constitutes the first free trade agreement between the United States and a small group of developing countries. It was created with the purpose of creating new and better economic opportunities by opening markets, eliminating tariffs, reducing barriers to services, and more.
Is CAFTA still in effect?
The Central America Free Trade Agreement (CAFTA) is a NAFTA-style deal with five Central American nations (Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua), and the Dominican Republic.
What is the full form of CAFTA?
The Dominican Republic-Central America FTA (CAFTA-DR) is the first free trade agreement between the United States and a group of smaller developing economies: our Central American neighbors Costa Rica, El Salvador, Guatemala, Honduras, Nicaragua, as well as the Dominican Republic.
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Most CAFTA-DR goods currently enter the United States free of duty and the merchandise processing fee (MPF), and virtually all will enter free by the time the Agreement is fully implemented on January 1, 2025.
cafta form pdf fillable
Forms
Fillable pdf form for use with Bi-Tech. Overtime / Extra Hours Authorization (.pdf) This form must be completed before overtime or extra hours are worked for
This link provides a PDF template demonstrating how such a Certificate of Origin can be structured. The template is fillable, and users may elect to use it.
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