FTAA: Free Trade Area of the Americas by Leo Lynch A GUIDE TO: -
Intro - What is the FTAA - Objectives of the FTAA - FTAA Issues
- Vision of the FTAA - Timeline of Events - Anticipated Effects
of the FTAA - Mexico under NAFTA; A Case Study - Alternatives to
FTAA - Useful Links The Free Trade Area of the Americas is an
accord between leaders of 34 countries of the Western
Hemisphere, which was officially launched in December, 1994 at
the Summit of the Americas. Participating countries resolved to
"begin immediately to construct the (FTAA), in which barriers to
trade and investment will be progressively eliminated." The FTAA
was concieved as a progressive expansion of the North American
Free Trade Agreement (NAFTA). The FTAA encompasses every country
in the Americas bar Cuba. Member states 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 domesti