On 5 August 2004, the United States entered into the Dominican Republic-Central American-United States Free Trade Agreement (CAFTA-DR). Congress passed the implementing bill on July 28th, 2005, and CAFTA-DR entered into force with El Salvador, Honduras, Nicaragua, Guatemala, the Dominican Republic and Costa Rica, thereafter. This permanent, comprehensive, and reciprocal trade agreement eliminates tariff and non-tariff barriers to two-way trade, building on unilateral trade preferences begun under the 1983 Caribbean Basin Initiative (CBI). It enhances rules and other standards for services,...