A free trade agreement with Central America and the Dominican Republic is boosting South Florida’s trade and business connections, even as it increases legal disputes with those regions.

According to World City data, trade volume with the six nations in the Dominican Republic-Central America Free Trade Agreement (CAFTA) grew 33.6 percent over the past five years after taking a dip during the Great Recession.

Like all free trade agreements, CAFTA has been controversial among labor unions and other groups, while most U.S. businesses have supported it wholeheartedly. Business disputes, including arbitration and litigation, are taking a different tone in the new atmosphere.

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Source: South Florida Business Journal