Transatlantic Free Trade Area
A Transatlantic Free Trade Agreement (TAFTA) is a proposal to create a free-trade agreement covering Europe and North America, on both sides of the Atlantic Ocean.
Parts of this article (those related to documentation) need to be updated. (December 2023) |
Such proposals have been made since the 1990s. Between 2013 and about 2017 an agreement between the United States and the European Union (EU) was under negotiation - the Transatlantic Trade and Investment Partnership - but it was abandoned. Canada and Mexico both have free trade agreements with both the EU and European Free Trade Association (EFTA).
Current and pending trade agreements between proposed members
- Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Canada and Mexico along with Australia, Japan, Singapore, New Zealand, Vietnam) - since 2018: The United Kingdom is also attempting to participate since 2021.
- United States–Mexico–Canada Agreement (US, Canada & Mexico) – took effect in 2020
- Canada–European Free Trade Association Free Trade Agreement (Canada & EFTA) – took effect in 2009
- Comprehensive Economic and Trade Agreement (Canada & EU) – substantial parts are provisionally applied since September 2017
- Free Trade Agreement between Mexico and the European Union (Mexico & EU) – took effect in 2000
- European Economic Area (most of EU & EFTA) – took effect in 1994
- Various bilateral free trade agreements of Switzerland
EU-US trade
See also
References
External links
This article includes a list of general references, but it lacks sufficient corresponding inline citations. (May 2016) |
- EU negotiations site
- European Commission, DG Trade - In focus Transatlantic Trade and Investment Partnership (TTIP)
- USTR Transatlantic Trade and Investment Partnership
- The Transatlantic Colossus: Global Contributions to Broaden the Debate on the EU-US Free Trade Agreement A collaborative publication with over 20 articles on the global implications of the TAFTA | TTIP
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