Cafta free trade agreement
The Central American-Dominican Republic Free Trade Agreement (CAFTA-DR) includes the United States and six countries in the greater Central America region. It was the first multilateral free trade agreement between the United States and smaller developing economies when it was signed on Aug. 5, 2004. The Dominican Republic– Central America Free Trade Agreement (CAFTA-DR) is a free trade agreement (legally a treaty under international law). Originally, the agreement encompassed the United States and the Central American countries of Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, and was called CAFTA. The Dominican Republic-Central America-United States Free Trade Agreement (CAFTA-DR) entered into force for the United States, El Salvador, Guatemala, Honduras, and Nicaragua in 2006, for the Dominican Republic in 2007, and for Costa Rica in 2009.