CAFTA-DR

AcronymDefinition
CAFTA-DRCentral America Free Trade Agreement-Dominican Republic
References in periodicals archive ?
Chamber of Commerce and other supporters of CAFTA-DR about labor protects, Drake says that it only requires the labor laws of the home country to be enforced--and these are often weak and inadequate, when compared to U.
The sugar industry opposes the CAFTA-DR because it would give 109,000 metric tons of CA/DR sugar and sugar-containing products immediate duty-free access.
El Salvador was also the first country to pass the agreement's required legislative reforms, implementing CAFTA-DR on March 1, 2006.
CAFTA-DR contains a compensation mechanism allowing the U.
Since 2004, the United States has dedicated almost $90 million to support environmental cooperation with CAFTA-DR countries.
To avoid such scenarios in the future, La Mesa argues, El Salvador ought to extricate itself from CAFTA-DR and other trade deals that leave the state legally beholden to foreign corporations.
Once the CAFTA-DR goes into effect, about 80% of US goods will enter the region duty-free, with the remaining tariffs phased out over 10 years.
CAFTA-DR would give 109,000 metric tons of CA/DR sugar and sugar-containing products immediate duty-free access.
In its June 1 ruling, the ICSID agreed with El Salvador that CAFTA-DR rules do not apply in this case since Pacific Rim does not have sufficiently "substantial" business activities in the US.
Bilateral free trade agreements, particularly the CAFTA-DR, have actually replaced unilateral preferences with permanent, more attractive tariff reductions and trade rules for former CBI countries such as the Dominican Republic and Central American countries.
3 billion in US textiles and apparel exports in 2016, shipments to NAFTA and CAFTA-DR countries accounted for 56% of the total exports.
We are, of course, also accomplished in providing greige fabric programs to serve the needs of our clients that produce in the NAFTA and CAFTA-DR regions.