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Central America and the Caribbean, with their close geographical and economic ties to the United States, have always been an important market for U.S. agricultural exports.
The Dominican Republic continues to be a strong market for U.S. bulk agricultural products, intermediate goods, as well as high value consumer-oriented products.
Panama has approved the imports of GM corn seeds for local production, and has conducted GM mosquitoes and salmon field tests.
According to major economic forecasts, Panama is expected to experience the greatest growth in the region during 2014, at an expected rate of 7.2 %, despite delays in the canal expansion project.