A Free Trade Area of the Americas: Major Policy Issue and Status of Negotiations

Hornbeck, J. F.

Library of Congress. Congressional Research Service.

关键词: Free trade;    Customs unions;    Trade;    International trade;    Foreign trade;   

RP-ID  :  RS20864
RP-ID  :  RS20864_2008Jul15

美国|英语

来源: UNT Digital Library

【 摘 要 】

In 1994, 34 Western Hemisphere nations met at the first Summit of the Americas, envisioning a plan to complete a Free Trade Area of the Americas (FTAA) by January 1, 2005. Faced with deadlocked negotiations, the United States and Brazil, the FTAA co-chairs, brokered a compromise at the November 2003 Miami trade ministerial. It moved the FTAA away from the comprehensive, single undertaking principle, toward a two-tier framework comprising a set of "common rights and obligations" for all countries. This report follows the FTAA process and will be updated periodically.