Archive for May, 2006
DC-CAFTA Free Trade Agreement Expected To Boost Exports; Textiles, Clothing and Processed Crops Seen as Receiving The Most Benefit
May 18th, 2006 | Posted in IndustryThe Dominican Republic and five Central American countries recently signed a free trade agreement with the United States that could boost their combined exports to the United States by as much as 28 percent after implementation, especially in textiles, clothing and processed crops, according to a new International Monetary Fund report. The U.S. International Trade Commission has previously estimated a 12.5 percent increase after the Dominican Republic-Central American Free Trade Agreement (DR-CAFTA) is fully implemented, as reported in the Latin Business Chronicle.
