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Five years on, Cafta drives foreign investment to more than double in region

Friday, March 4, 2011

Cafta, the free trade between the US and Central America and the Dominican Republic, completed its fifth year. Despite the recent economic recession, total trade between the US and the region grew from $35 billion in 2005 to $48 billion in 2010.

In addition, the average annual investment inflows into the region in the first four years of the agreement were $6.3 billion, or 123 percent higher than the $2.8 billion annual average during 2000-2005 before implementation.

Original source: Inside Costa Rica