Free Trade Area of the Americas - trade agreement currently being negotiated to include all 34 countries of the Americas except Cuba. Canada hosted a meeting of all the leaders in Quebec City in April 2001.
Free Trade Area of the Americas Area de Libre Comercio de las Américas - ALCA (en español) Area de Livre Comércio das Américas - ALCA (em português) Zone de libre-échange des Amériques - Zlea (en français) The Free Trade Area of the Americas was officially launched in December, 1994 at the Summit of the Americas when leaders from the 34 countries of the Western Hemisphere resolved to "begin immediately to construct the (FTAA), in which barriers to trade and investment will be progressively eliminated." They offered the following rationale for this undertaking: "Eliminating impediments to market access for goods and services among our countries will foster our economic growth. A growing world economy will also enhance our domestic prosperity. Free trade and increased economic integration are key factors for raising standards of living, improving the working conditions of people in the Americas and better protecting the environment." [Official Site of the FTAA | SICE coverage of the FTAA Page
Financial or Technical Assistance Agreement
Free Trade Area of the Americas (ALCA in Spanish), treaty involving Canada, USA and 34 Latin American and Caribbean countries, with the exception of Cuba.
The Free Trade Area of the Americas (FTAA) is an ambitious trade agreement would include all 34 countries in Central America, South America, and the Caribbean (except Cuba). The FTAA was proposed in 1994 right after the North American Free Trade Agreement (NAFTA) was enacted in attempt to expand that agreement and create the world's largest free-trade bloc.
A US-led expansion of NAFTA that would bring all of the countries of North and South America, excluding Cuba, into a single trade bloc by 2004.
Free Trade Area of the Americas. A trade agreement among the 34 countries in the Western Hemisphere in which they have agreed to eliminate trade and investing barriers on virtually all goods and services traded by member countries, reducing prices for consumers and creating new markets for producers throughout the Hemisphere.
Free Trade Areas of the Americas
Free Trade Area of the Americas. Proposed agreement between 34 countries of the Western Hemisphere to create a Free Trade Area by 2005, launched in Miami in December 1994.
Free Trade Area of the Americas. Builds on the North American Free Trade Agreement (NAFTA) and aims to bring Central and South American countries into the same free trade area.
