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Diane Publishing Books
Free Trade Area of the Americas: Missed Deadline Prompts Efforts to Restart Stalled Hemispheric Trade Negotiations
Loren Yager (au)
If completed, the Free Trade Area of the Americas (FTAA) agreement would encompass an area of 800 million people & about $13 trillion in production of goods & services, making it the most significant regional trade initiative presently being pursued by the U.S. The 34 democratic nations of the Western Hemisphere formally launched negotiations towards a FTAA in 1998, & set a Jan. 2005 deadline for concluding a FTAA agreement. This report analyzes: (1) progress made in FTAA negotiations since April 2003, (2) factors that have been influencing the FTAA’s progress, & (3) future prospects for the FTAA. Charts & tables.
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