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Free Trade Area of the Americas


The Free Trade Area of the Americas (FTAA), once concluded in January 2005, will establish the world’s largest free trade area, stretching from the southern tip of Argentina to Alaska. The trade ministers and their staff have been meeting regularly to continue negotiations aimed at establishing the FTAA. Ministers will meet again on November 1, 2002 in Quito, Ecuador to review the progress of the negotiating groups and give them guidance for the final 2-year round of discussions.

SEVENTH AMERICAS BUSINESS FORUM

Prior to the Ministerial, the Seventh Americas Business Forum (ABF) will be held on October 30 - November 1, 2002 in Quito, Ecuador. The Forum is a premier hemisphere-wide business event that offers the business community a unique opportunity to communicate directly with Trade Ministers. Since the Forum’s inception, the Department of Commerce has strongly supported this event.

This year’s Forum and Ministerial will be hosted by the Government of Ecuador and its private sector and will include Trade Ministers and private sector leaders from among the 34 countries in the Western Hemisphere. During the three-day forum, workshops will address the nine FTAA negotiating groups (market access, agriculture, investment, services, government procurement, intellectual property, antidumping/ countervailing/ subsidies, competition policy and dispute settlement), as well as smaller economies, electronic commerce and civil society. Private-sector participants will discuss their interests in the FTAA and present recommendations directly to Trade Ministers.

Benefits to the Business Community

The ABF offers U.S. exporters a number of opportunities including a hemispheric voice, an audience from 34 countries and incredible networking opportunities. The Forum offers access beyond U.S. borders by providing a framework for the private sectors from the 34 countries to take part in the policy making process. No other trade process offers the business community the opportunity to have such direct input into the trade liberalization process.

FTAA INFORMATION

Further information can be found at the FTAA Official Site - http://www.alca-ftaa.org  or the Dept. of Commerce FTAA Site – http://www.mac.doc.gov/ftaa2005/ .

Or call the Office of NAFTA and Inter-American Affairs at Tel: 202-482-0393; Fax: 202-482-586


Date Updated: March 27, 2007


 

 

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