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The FTA is one of ten modal administrations within the DOT. Headed by an Administrator who is appointed by the President of the United States, the FTA functions through Washington, D.C. headquarters office and ten regional offices which assist transit agencies in all states, the District of Columbia, and the territories.
NAFTA GDP – 2012: IMF – World Economic Outlook Databases (October 2013) The North American Free Trade Agreement (NAFTA / ˈ n æ f t ə / NAF-tə; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) was an agreement signed by Canada, Mexico, and the United States that created a trilateral trade bloc in North America.
A free trade area is the region encompassing a trade bloc whose member countries have signed a free trade agreement (FTA). Such agreements involve cooperation between at least two countries to reduce trade barriers, import quotas and tariffs, and to increase trade of goods and services with each other.
The United States is party to many free trade agreements (FTAs) worldwide.. Beginning with the Theodore Roosevelt administration, the United States became a major player in international trade, especially with its neighboring territories in the Caribbean and Latin America.
The OED records the use of the phrase "free trade agreement" with reference to the Australian colonies as early as 1877. [9] After the WTO's World Trade Organization - which has been considered by some as a failure for not promoting trade talks, but a success by others for preventing trade wars - states increasingly started exploring options to conclude FTAs.
Revised FTA between the two parties. [160] [161] Armenia Russia: 30 September 1992 25 March 1993 17 October 2012 Commonwealth of Independent States Free Trade Area [162] Kyrgyzstan Russia: 8 October 1992 24 April 1993 13 December 2013 Commonwealth of Independent States Free Trade Area [163] Croatia European Union: 29 October 2001 1 March 2002
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The Free Trade Area of the Americas logo, representing the Americas as geometric figures. The Free Trade Area of the Americas (FTAA, or in Spanish-speaking countries the Área de Libre Comercio de las Américas, ALCA) was a proposed agreement to eliminate or reduce the trade barriers among all countries in the Americas, excluding Cuba.