Why We Oppose CAFTA-DR
CAFTA-DR (Central America- Dominican Republic Free Trade Agreement) grew out of the Bush administration’s failure to advance negotiations in the Free Trade Area of the Americas (FTAA), designed to extend North American Free Trade Agreement (NAFTA) to the Central American countries of El Salvador, Guatemala, Honduras (all three have officially ratified CAFTA to date), Nicaragua and Costa Rica. On August 5, 2004, the Dominican Republic signed onto the agreement, thereby making it the Central America- Dominican Republic Free Trade Agreement (CAFTA-DR).