Introduction

The Dominican Republic - Central America - United States Free Trade Agreement ("CAFTA-DR") was signed in 2004 and was ratified by each member State on varying years. The last country to ratify it was Costa Rica, where the Treaty entered into force since 2009. This Agreement signified a turning point for the region, which was following the North American Free Trade Agreement's footsteps. Not unlike the situation prevailing today, at the time of CAFTA-DR's finalization and ratification, there was considerable controversy surrounding the Investment Chapter (Chapter 10), specifically ...