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The Development of the Free Trade Area of the Americas: A Guide For Legal Research

Published online by Cambridge University Press:  28 February 2019

Michelle S. Viegas
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Extract

At the 1994 Summit of the Americas, leaders of democratic nations in the Western Hemisphere committed to establishing a Free Trade Area of the Americas (FTAA) by January 2005. The Declaration of Principles resulting from that Summit called for building on “existing sub-regional and bilateral arrangements in order to broaden and deepen hemispheric economic integration and to bring the agreements together.” Although ambitious, this endeavor was undertaken during a decade marked by an unprecedented proliferation of trade agreements. In 1991, Argentina, Brazil, Paraguay and Uruguay agreed to initiate the formation of a common market now known as the MERCOSUR. Then in 1994, Canada, Mexico and the United States signed the North American Free Trade Agreement which replaced the United States-Canada Free Trade Agreement. Later that year, nations around the world formalized the existing General Agreement on Tariffs and Trade, creating the World Trade Organization. In 1997, the Andean Community of Bolivia, Colombia, Ecuador, Peru and Venezuela formalized its plans to establish a common market. Members of the Caribbean Community and Common Market also agreed in several protocols to further their economic and social integration. During the 1990's, numerous other trade agreements were negotiated, and their development continues at the same rapid pace today.

Type
Articles
Information
International Journal of Legal Information , Volume 33 , Issue 1 , Spring 2005 , pp. 11 - 64
Copyright
Copyright © 2005 by the International Association of Law Libraries. 

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References

1 1994 Summit of the Americas Declaration of Principles. http://www.summitamericas.org/miamidec.htm.Google Scholar

2 General Agreement on Tariffs and Trade 1994, Apr. 15, 1994, art. XXIV, 33 I.L.M. 34, 34 (1994).Google Scholar

3 Antigua and Barbuda, Argentina, Bahamas, Barbados, Belize, Bolivia, Brazil, Canada, Chile, Colombia, Costa Rica, Dominica, Dominican Republic, Ecuador, El Salvador, Grenada, Guatemala, Guyana, Haiti, Honduras, Jamaica, Mexico, Nicaragua, Panama, Paraguay, Peru, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, Suriname, Trinidad and Tobago, United States, Uruguay and VenezuelaGoogle Scholar

4 Market Access, Investment, Services, Government Procurement, Dispute Settlement, Agriculture, Intellectual Property Rights, Subsidies, Antidumping and Countervailing Duties, Competition Policy, Consultative Group on Smaller Economies, Committee of Government Representatives on the Participation of Civil Society, and Joint Government-Private Sector Committee of Experts on Electronic CommerceGoogle Scholar

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15 Antigua and Barbuda, The Bahamas, Barbados, Belize, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Lucia, St. Kitts and Nevis, St. Vincent and the Grenadines, Suriname and Trinidad and TobagoGoogle Scholar