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US Free Trade Agreements: Need for revisiting Rules of Origin

FTAs Losing Ground

The underutilisation of FTAs, akin to old apparel left unused, has been a concern. These agreements, designed for equivalent market access among participant countries, are not meeting their intended goals. The CAFTA-DR, for instance, has been scrutinised for its rules of origin, especially as the US seeks alternatives to China, its largest source of apparel imports.