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A Free Trade Area of the Americas: Major Policy Issue and Status of Negotiations
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.
Date:
July 15, 2008
Creator:
Hornbeck, J. F.
System:
The UNT Digital Library