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)
| Label | Occurrences |
|---|---|
| Free Trade Area of the Americas canonical | 2 |
| Área de Libre Comercio de las Américas | 1 |
Statements (58)
| Predicate | Object |
|---|---|
| instanceOf |
proposed free trade agreement
ⓘ
trade bloc proposal ⓘ |
| abbreviation | FTAA ⓘ |
| alsoKnownAs |
ALCA
ⓘ
Free Trade Area of the Americas ⓘ
surface form:
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 (state)
ⓘ
surface form:
Puebla
|
| launchedAtEvent |
1994 Summit of the Americas
ⓘ
surface form:
Summit of the Americas
|
| launchedInCity | Miami ⓘ |
| launchedInCountry |
United States of America
ⓘ
surface form:
United States
|
| negotiationEndApproximate | mid-2000s ⓘ |
| negotiationLanguage |
English
ⓘ
French ⓘ Portuguese ⓘ Spanish ⓘ |
| negotiationRoundLocation |
Buenos Aires
ⓘ
Miami ⓘ
surface form:
Miami (ministerial meetings)
Quebec City ⓘ |
| negotiationStartDate | 1994-12-11 ⓘ |
| numberOfPotentialMembers | 34 ⓘ |
| opposedBy |
Brazilian government at various stages
ⓘ
Venezuela under Hugo Chávez ⓘ
surface form:
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 of America ⓘ
surface form:
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 federal government (Ottawa)
ⓘ
surface form:
Canadian government
United States government ⓘ many business associations in the Americas ⓘ |
| wouldHaveIncluded |
Andean Community members
ⓘ
CARICOM members ⓘ MERCOSUR members ⓘ NAFTA members ⓘ |
Referenced by (3)
Full triples — surface form annotated when it differs from this entity's canonical label.
this entity surface form:
Área de Libre Comercio de las Américas