Free Trade Area of the Americas

E304997

The Free Trade Area of the Americas was a proposed Western Hemisphere-wide trade agreement aimed at reducing or eliminating tariffs and other trade barriers among countries in North, Central, and South America and the Caribbean.

All labels observed (2)

How this entity was disambiguated

Statements (58)

Predicate Object
instanceOf proposed free trade agreement
trade bloc proposal
abbreviation FTAA
alsoKnownAs ALCA
Área de Libre Comercio de las Américas
areaCoveredIfImplemented Western Hemisphere
continent Central America
North America
South America
covers goods
intellectual property
investment
services
goal eliminate trade barriers
liberalize trade in the Western Hemisphere
reduce tariffs
headquartersCountry Mexico
headquartersLocation Puebla
linked to: Puebla (state)
launchedAtEvent Summit of the Americas
launchedInCity Miami
launchedInCountry United States
negotiationEndApproximate mid-2000s
negotiationLanguage English
French
Portuguese
Spanish
negotiationRoundLocation Buenos Aires
Miami (ministerial meetings)
linked to: Miami

Quebec City
negotiationStartDate 1994-12-11
numberOfPotentialMembers 34
opposedBy Brazilian government at various stages
Venezuelan government under Hugo Chávez
environmental NGOs
labor unions in multiple countries
social movements in the Americas
proposedBy 34 democratic countries of the Americas excluding Cuba
United States
reasonForFailure concerns about U.S. dominance
concerns about impact on labor and environment
disagreements over scope of liberalization
domestic political opposition in several countries
opposition from some South American governments
region Caribbean
relatedConcept free trade
regional integration in the Americas
status abandoned in practice
never implemented
stalled
subjectOf anti-globalization protests in the early 2000s
successorInPractice bilateral and regional trade agreements in the Americas
supportedBy Canadian government
United States government
many business associations in the Americas
wouldHaveIncluded Andean Community members
CARICOM members
MERCOSUR members
NAFTA members

How these facts were elicited

Referenced by (3)

Full triples — surface form annotated when it differs from this entity's canonical label.

ALBA foundedAsAlternativeTo Free Trade Area of the Americas
Bolivarian Alliance for the Americas opposes Free Trade Area of the Americas
Free Trade Area of the Americas alsoKnownAs Área de Libre Comercio de las Américas
linked to: Free Trade Area of the Americas