The North American Free Trade Agreement (NAFTA) is an agreement signed by the governments of Canada, Mexico, and the United States, creating a trilateral trade bloc in North America. The agreement came into force on January 1, 1994. It superseded the Canada – United States Free Trade Agreement between the U.S. and Canada.
NAFTA has two supplements: the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC).
Read more about North American Free Trade Agreement: Negotiation and U.S. Ratification, Provisions, Mechanisms
Famous quotes containing the words north, american, free, trade and/or agreement:
“Biography is a very definite region bounded on the north by history, on the south by fiction, on the east by obituary, and on the west by tedium.”
—Philip Guedalla (1889–1944)
“I have often thought that if a rational Fascist dictatorship were to exist, then it would choose the American system.”
—Noam Chomsky (b. 1928)
“Thou madest loose grace unkind;
Gavest bridle to their words, art to their pace.
O Honour, it is thou
That makest that stealth, which Love doth free allow.”
—Torquato Tasso (1544–1595)
“Every trade has its master.”
—Chinese proverb.
“No one can doubt, that the convention for the distinction of property, and for the stability of possession, is of all circumstances the most necessary to the establishment of human society, and that after the agreement for the fixing and observing of this rule, there remains little or nothing to be done towards settling a perfect harmony and concord.”
—David Hume (1711–1776)