CAFTA–DR definition

CAFTA–DR. ’ means the Dominican Republic-Central
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CAFTA–DR. ’ means the Dominican Re-
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CAFTA–DR. Una herramienta para crecer: ¡Trabajando juntos, nos beneficiamos todos!”, held in Managua, Nicaragua, on October 4-5, 2006, was convened to advance these main purposes: • To underscore the opportunities that CAFTA/DR offers Nicaragua to diversify and augment exports, attract foreign investment and create good jobs • To demonstrate, by showcasing success stories, that Nicaraguan firms can compete on international markets • To promote effective dialogue and partnerships between the private and public sectors and to encourage the potential leaders of the next government to address CAFTA implementation with positive proposals • To recognize the major obstacles facing CAFTA implementation and to develop priority plans of action, and • To design a follow-up action agenda that can be monitored and evaluated. The conference was attended by over 300 public and private sector leaders. The one and one-half day meeting benefited from addresses by Xxxxxx Xxxxxx, a leading Nicaragua entrepreneur and innovator, by Xxxxxxxxx Xxxxxxxx, Ministro de Fomento, Industria y Comercio (MIFIC), and by U.S. Ambassador Xxxx Xxxxxxxx. In addition, expert representatives of major political parties and alliances, business leaders and CEOs from large and small firms, and distinguished economists from academia and the World Bank shared their views and experiences. In the final plenary session, four sectoral working groups presented detailed plans of action to transform CAFTA/DR from a written accord into a tangible reality.
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Examples of CAFTA–DR in a sentence

  • On August 5, 2004, the United States signed the Dominican Republic–Central America–United States Free Trade Agreement (CAFTA–DR) with five Central American countries (Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua) and the Dominican Republic.

  • Additional CAFTA–DR Labor-Related Technical Capacity Building In 2023, the USAID Regional Human Rights and Democracy activity in Central America continued to build capacity and advocate for labor rights.

  • Operation of the Dominican Republic–Central America–United States Free Trade Agreement The CAFTA–DR Free Trade Commission is the central oversight body for the Agreement.

  • U.S. export and investment opportunities with Central America and the Dominican Republic have continued to grow under the CAFTA–DR.

  • U.S. consumer and industrial goods may enter duty free in CAFTA–DR member country markets.

  • At FAR 25.1101, the prescription for Alternate II of FAR 52.225–3, Buy American—Free Trade Agreements— Israeli Trade Act, is changed so that it no longer applies to the Australia FTA/ CAFTA–DR group, but instead only to the Israeli Trade Act.

  • All of the CAFTA–DR Parties have committed to strengthening trade facilitation, regional supply chains, and implementation of the Agreement.

  • Under the CAFTA–DR, tariff-rate quotas (TRQs) for sensitive agricultural products will increase annually through 2025, after which the TRQs will be eliminated and the affected products will enter CAFTA–DR countries duty free.

  • Environment For a discussion on environment-related activities, see Chapter III.G.2 Trade and Environment Monitoring and Enforcement Activities of Existing Agreements Labor Ongoing CAFTA–DR labor capacity building activities, including the exchange of views on best practices, support efforts to promote labor rights and improve the enforcement of labor laws in the CAFTA–DR countries.

  • In 2023, both the U.S. Department of Labor (DOL) and the U.S. Agency for International Development (USAID) continued to fund labor-related technical assistance projects that supported CAFTA–DR objectives.


More Definitions of CAFTA–DR

CAFTA–DR has the meaning provided in paragraph 1(a) of Part A of Annex I.
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Related to CAFTA–DR

  • SOFR Borrowing means, as to any Borrowing, the SOFR Loans comprising such Borrowing.

  • Term SOFR Loan means a Loan that bears interest at a rate based on clause (a) of the definition of Term SOFR.

  • Term SOFR Rate means, with respect to any Term Benchmark Borrowing and for any tenor comparable to the applicable Interest Period, the Term SOFR Reference Rate at approximately 5:00 a.m., Chicago time, two U.S. Government Securities Business Days prior to the commencement of such tenor comparable to the applicable Interest Period, as such rate is published by the CME Term SOFR Administrator.

  • Daily Simple SOFR Loan means a Loan that bears interest at a rate based on Daily Simple SOFR.

  • ABR Borrowing means a Borrowing comprised of ABR Loans.

  • SOFR Loan means a Loan that bears interest at a rate based on Adjusted Term SOFR, other than pursuant to clause (c) of the definition of “Base Rate”.