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G-3 Free Trade Agreement (G-3) - 1995; International Grains Agreement - 1995; Greater Arab Free Trade Area (GAFTA) - 1997 [4] Dominican Republic–Central America Free Trade Agreement (DR-CAFTA) - 2004; South Asian Free Trade Area (SAFTA) - 2004 [5] East African Community (EAC) - 2005; ASEAN–Australia–New Zealand Free Trade Area (AANZFTA ...
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.
Morocco–Turkey free trade agreement: Morocco Turkey New Zealand–China Free Trade Agreement: New Zealand People's Republic of China Russia-Armenia free trade agreement: Russia Armenia March 25, 2003: Serbia–EU Free Trade Agreement Serbia EU: 2008 Serbia–EFTA Free Trade Agreement: Serbia EFTA: 2009 Serbia–CEFTA Free Trade Agreement ...
A common market is seen as a stage of economic integration towards an economic union [8] or possibly towards the goal of a unified market.. A single market is a type of trade bloc in which most trade barriers have been removed (for goods) with some common policies on product regulation, and freedom of movement of the factors of production (capital and labour) and of enterprise and services.
The United States and Canada historically have had various forms of mutual economic cooperation. They signed the Canada-United States Free Trade Agreement effective January 1, 1989, which eliminated all tariffs on bilateral trade by January 1, 1998. In February 1991, Mexico approached the United States to establish a free trade agreement.
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The term free trade area was originally meant by the General Agreement on Tariffs and Trade (GATT 1994) to include only trade in goods. [4] An agreement with a similar purpose, i.e., to enhance liberalization of trade in services, is named under Article V of the General Agreement on Trade in Services (GATS) as an "economic integration agreement ...
The Economic Cooperation Organization Trade Agreement or ECOTA is a preferential trade agreement reached on 17 July 2003 at the ECO summit in Islamabad whereby a preferential trade region was formed between the countries of Afghanistan, Azerbaijan, Iran, Kazakhstan, Kyrgyzstan, Pakistan, Tajikistan, Turkey, Turkmenistan and Uzbekistan. [21]