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18.1g North American Free Trade Agreement (NAFTA)

Exhibit 18.1
The Flags of the three signatory countries

 

Exhibit 18.2
The NAFTA signatories

This is a trade agreement between the U.S.A., Canada and Mexico. It came into force in 1994. It aimed at eliminating tariffs between the three countries progressively from 1994 onwards. The removal of tariffs would apply to "qualifying" goods.


Other objectives of this agreement include the attempts to encourage competition, increase investment in the region and set up a framework to enhance cooperation between the countries. The fifth chapter of the document of this agreement spells out methods to ensure that trade flows occur within the region. A NAFTA center has been set up to provide free information, so that any queries relating to the customs administration can be answered.

This agreement is first of its kind to link two highly industrialized countries to a developing one.

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Index

18.0 Introduction
18.1 Regional Organizations
   a. E.E.C
   b. O.P.E.C
   c. S.W.A.P.O
   d. S.A.A.R.C
   e. A.S.E.A.N,
   f. G.A.T.T.
   g. N.A.F.T.A
18.2 International Organizations
   a. N.A.M
   b. The Commonwealth
   c. U.N.O.
18.3 Dates & Events

Chapter 19





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