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Senegal will begin oil and gas production in 2024 which is expected to be a major factor in strong economic growth going forward. Increased purchasing power, in combination with population growth, increasing urbanization, and an expanding middle-and-upper class, should provide new opportunities for U.S. suppliers to enter the market.

U.S. exporters enjoy a strong position in the Honduran market, thanks to the CAFTA-DR agreement. More than 95 percent of U.S. industrial and commercial goods can enter the country duty free, with the remaining tariffs to be phased out by 2025.