Articles of category "Andean Free Trade Agreement"

The Andean Free Trade Agreement that is simply referred to as AFTA is the United States muti unilateral trade agreement that was negotiated by the United States with the countries of Peru, Ecuador, Columbia, and Bolivia as an observer. It is much like CAFTA, this agreement is based on the NAFTA agreement that has been proved to be ineffective for both Mexicans and Americans. Approved by the United States Congress in July, 2005, CAFTA was implemented in 2006.

The Andean Trade Promotion Agreement between the United States and the countries of Peru, Colombia and Ecuador is an international treaty which will regulate investment and trade relationship between the parties in the most comprehensive manner with the aim of increasing investment and trade and contributing to the social and economic development of the countries signing the treaty. The agreement provides endless opportunities for Andean trade to develop and prosper in the new millennium.