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Two key free trade agreements – the Dominican Republic-Central America Free Trade Agreement (or CAFTA-DR) and the U.S.-Panama Trade Promotion Agreement – have stimulated U.S. agricultural exports...
South Asia, which includes Afghanistan, Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, and Sri Lanka, accounts for 24 percent of the world’s population, with 1.84 billion people in 2019.
The Dominican Republic (DR) is the fifth-largest market for U.S. agricultural products in the Western Hemisphere, valued at $1.26 billion in 2019.
From calendar year (CY) 2012 to 2015, U.S. agricultural export sales to Bangladesh rose by approximately 174 percent to $498 million, now higher than Pakistan.