Date: October 31, 2003 Creator: Jurenas, Remy Description:
Leaders of Western Hemisphere countries have agreed to negotiate
a Free Trade Area of the Americas (FTAA) agreement by 2005.
FTAA’s objective is to promote economic growth and democracy by
eliminating barriers to trade in all goods (including
agricultural and food products) and services, and to facilitate
investment. If diplomats reach agreement, free trade in the
hemisphere could occur by 2020. Negotiations on FTAA’s
agriculture component have become contentious. This report
discusses the controversial aspects of FTAA, describes the
advantages and disadvantages of FTAA, and discusses FTAA in
relation to the existing North American Free Trade Agreement
(NAFTA). Contributing Partner: UNT Libraries Government
Documents Department