The Central America Free Trade Agreement - Dominican Republic (CAFTA-DR) is a trade agreement that aims to promote economic integration and trade between the United States and several Central American countries, including Costa Rica, El Salvador, Guatemala, Honduras, and Nicaragua, along with the Dominican Republic. Established in 2005, the agreement reduces tariffs and trade barriers, facilitating easier access to markets for goods and services. CAFTA-DR also encourages investment and economic growth by providing a framework for cooperation in areas such as labor rights, environmental protection, and intellectual property. By fostering trade relationships, the agreement aims to enhance economic opportunities and improve living standards in the participating countries.