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August 28.2008
MIAMI PHYSICIAN AND HIV CLINIC ADMINISTRATOR PLEAD GUILTY FOR THEIR ROLES IN A $37 MILLION MEDICARE FRAUD SCHEME |
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August 28.2008
Attacks on Kalma Camp, Darfur |
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August 28.2008
FORMER NEW YORK POWER AUTHORITY EMPLOYEE PLEADS GUILTY TO FRAUD AND TAX CHARGES |
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August 28.2008
Remarks With Israeli Foreign Minister Tzipi Livni |
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August 28.2008
Russian Cooperation on Humanitarian Assistance |
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August 28.2008
U.S. Rejects Russia’s Recognition of Georgian Separatists Abkhazia and South Ossetia remain Georgia’s territory, says Rice |
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August 26.2008
BOOKER FOR EMPERORS CLUB PROSTITUTION RING PLEADS GUILTY TO CONSPIRACY TO COMMIT FEDERAL PROSTITUTION OFFENSES |
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August 26.2008
Briefing on the Missile Defense Agreement Between the U.S. and Poland |
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August 26.2008
Rural Minnesota Community Sparks Its Economy Through Biosciences |
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August 26.2008
Harnessing Creativity Vital to Economic Growth |
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August 26.2008
For Women, Starting a Business Is the Same Worldwide |
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August 25.2008
Diplomatic Security Helps Return Fugitive from Mexico to Face Passport Fraud Charges |
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TERMS / What is the CAFTA-DR Agreement and how does it benefit U.S. exporters?"Note: More information can be found on the Free Trade Agreements section of the Export.govgovernment portal website:
The CAFTA-DR is a trade agreement between the United States and the countries of Costa Rica, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua. This Agreement is currently in force for the United States, Dominican Republic, El Salvador, Guatemala, Honduras, and Nicaragua.
The CAFTA-DR requires important reforms of the domestic legal and business environment that encourage competitive business development and investment, protect intellectual property rights, and promote transparency and rule-of-law in the democratic systems that have solidified in the region over the past decade. The Agreement is an important instrument to support U.S. national security interests; the FTA promotes closer economic cooperation among the Central American countries, thereby advancing regional integration and contributing to greater peace and stability in the region.
Among other benefits from the elimination of non-tariff barriers, the FTA allows the U.S. supplier to be more price-competitive in the Central American and Dominican market simply due to duty reduction and elimination. A U.S. exporter whose goods qualify under the Agreement may afford its buyer considerable savings. U.S. exporters will also be more competitive in Central America and the Dominican Republic against competing third country products that do not have the duty benefits.
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