• Proximity. The Caribbean Region is a natural commercial partner of the United States, tied closely together by geography, history and culture.
• Market Share. United States imports to the Caribbean Region totalled US$15 billion in 2005 making the Region the U.S. 2nd largest export market in latin America behind only Mexico.
• Trade Relationship. The Caribbean Basin Initiative (CBI)trade program is a vital element in the U.S.’ economic relations with the Region. U.S. exports to the CBI countries have more than tripled since the CBI's creation, from $6.5 billion in 1984 to over 20 billion in 2000.
• Free Trade. On August 5, 2004 the US and the Dominican Republic signed a Free Trade Agreement (CAFTA-DR). The agreement, which was passed by the U. S. House of Representatives early morning on July 28, creates numerous benefits for the Unites States. More than 80% of U.S. manufactured exports will immediately enter duty free to the DR upon implementation. The agreement will also create a better climate for business and investment.

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