Indeed, in 2004, NAFTA extended NAFTA to five Central American countries (El Salvador, Guatemala, Honduras, Costa Rica and Nicaragua). In the same year, the Dominican Republic joined the group by signing a free trade agreement with the United States, followed by Colombia in 2006, Peru in 2007 and Panama in 2011. In the opinion of many experts, the Trans-Pacific Partnership (TPP), signed on October 5, 2015, was an extension of NAFTA on a much broader scale. Most trade in North America is governed by the North American Free Trade Agreement (NAFTA), which has removed barriers to trade and facilitated cross-border trade in goods and services between Canada, the United States and Mexico. .