Central American Free Trade Agreement, known as CAFTA or DR-CAFTA. Free trade group that includes the United States, Costa Rica, the Dominican Republic, El Salvador, Guatemala, Honduras and Nicaragua. Signed in May 2004. Entered into force gradually in different countries, starting with the United States in January 2006. So far, implemented in El Salvador, Honduras and Nicaragua. Guatemala and the Dominican republic are expected to implement the treaty by July 2006 and Costa Rica is still awaiting ratification in its congress.
Central American Free Trade Agreement/Area. An agreement that is being negotiated between the US and the countries of Central America. Seen as a precursor to the FTAA.
a "free" trade agreement that includes the United States, El Salvador, Nicaragua, Guatemala, Honduras and Costa Rica
a proposed treaty between the United States and five Central American states (Guatemala, El Salvador, Honduras, Costa Rica and Nicaragua)
The Central American Free Trade Agreement (otherwise known as DR-CAFTA) is a pending agreement that has been negotiated between the United States, five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and possibly the Dominican Republic. In order for countries to official join the trade agreement, CAFTA will need to be ratified in each country's legislature. Like the North American Free Trade Agreement, CAFTA will do more than just eliminate tariffs and trade barriers between those countries.
Central American Free Trade Agreement. A free trade agreement negotiated in 2003 and ratified in 2005 between the United States and a number of countries in Central America and the Dominican Republic (also called DR-CAFTA).
(Central American Free Trade Agreement) - It has been ratified by the U.S., Honduras, El Salvador, Nicaragua, Guatemala and the Dominican Republic. Costa Rica is the only participating country that has not ratified it (as of Feb 2006).
Central American Free Trade Agreement, frequently used to refer to the Dominican Republic, Central American Free Trade Agreement (DR-CAFTA)
