In 2006, El Salvador was the first country to ratify the Central America-Dominican Republic Free Trade Agreement (CAFTA) — negotiated by the five countries of Central America and the Dominican Republic — with the United States. CAFTA requires that the Salvadoran government adopt policies that foster free trade. CAFTA has bolstered exports of processed foods, sugar, and ethanol, and supported investment in the apparel sector, which faced Asian competition with the expiration of the Multi Fibre Arrangement in 2005. In anticipation of the declines in the apparel sector's competitiveness, the previous administration sought to diversify the economy by promoting the country as a regional distribution and logistics hub, and by promoting tourism investment through tax incentives.