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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.
What was the primary purpose of CAFTA?
The CAFTA-DR promotes stronger trade and investment ties, prosperity, and stability throughout the region and along our Southern border. Trade under CAFTA-DR supports Made-in-America jobs and unlocks opportunities for well-paying work as goods flow across borders and are manufactured into final products.
What are the benefits of CAFTA?
CAFTA-DR eliminated most tariffs between the U.S. and several Central American nations. The trade agreement was intended to increase jobs in all of the nations, and improve workers conditions in Central America. It was a key component of a Pan-American trade deal that has been abandoned.
Who signed CAFTA?
The purpose of CAFTA is to create a free trade zone between the United States and Central America by eliminating tariffs and other trade barriers. CAFTA was signed by President Bush on August 5, 2004.
What is a CAFTA certificate?
A CAFTA-DR Certificate of Origin Should Include: The name and contact information for the exporter, importer and producer of the goods. A description of the goods, including the six-digit Harmonized System or Schedule B code. The preference criteria used to qualify goods under the FTA.
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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.
Related links
Central America-Dominican Republic Free Trade
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.
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
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