Encyclopedia > Canada Central American Free Trade Agreement
The Canada Central American Free Trade Agreement is a proposed freetrade agreement between Canada and the Central American states of Guatemala, El Salvador, Honduras, and Nicaragua. Canada already has a bilateral FTA with Costa Rica. Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ... Free trade is an economic concept referring to the selling of products between countries without tariffs or other trade barriers. ...
The US is negotiating a similar treaty with these countries with addition of Costa Rica. This treaty is called the Central American Free Trade Agreement. Wikiquote has a collection of quotations by or about: United States Wikinews has news related to this article: United States United States government CIA World Factbook Entry for United States House. ... The Central American Free Trade Agreement (CAFTA) is a free trade agreement between the United States and the Central American countries of Guatemala, Honduras, and Canada, and Mexico. ...
Bordering CentralAmerican nations not in the agreement include Belize and Panama on the mainland, and Haiti which is on the island of Hispaniola with the Dominican Republic.
DR-CAFTA is also seen as a stepping stone towards the FreeTrade Area of the Americas (FTAA), another (more ambitious) freetradeagreement that would encompass all the South American and Caribbean nations (with the exception of Cuba) as well as well as those of North and Central America.
Canada is negotiating a similar treaty called the CanadaCentralAmericanFreeTradeAgreement.
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