DR1 Daily News - Dominican Republic

A recent analysis by the Atlantic Council strongly asserts that modernizing the Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) is a critical, dual-purpose mission for both Washington and Santo Domingo, framing the update as a geopolitical imperative necessary to secure regional stability and economic advantage.

The findings emphasize that the current agreement is functionally outdated, posing risks to US economic interests and leaving the Dominican Republic’s economy vulnerable.

Modernizing the Central America-Dominican Republic Free Trade Agreement (CAFTA-DR) is considered important for both the Dominican Republic (DR) and the United States for economic, strategic, and security reasons.

The original agreement took effect between 2006 and 2009, and the world economy has changed significantly since then.

The perspective of the Atlantic Council is that for the United States, updating the pact is seen as a crucial strategic move to counter Beijing’s...