CAFTA’s 10-year existence sparks growth, diversification

CAFTA’s 10-year existence sparks growth, diversification

A decade after its signing, and five years after full implementation, the Central America Free Trade Agreement may not have transformed Central America into the powerhouse of textile and apparel trade forecast by some optimists, but it has facilitated significant growth in that sector of the region’s economy, along with diversification into other sectors.

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