Module America's Free Trade Agreements (FTA) - Master e-learning
In America there are several Trade Agreements (Free Trade Agreements, Economic Partnership), both regional and extra-regional:
- Intra-regional: the NAFTA, the MERCOSUR, the Andean Community, the Latin American
- Extra-regional: Trans-Pacific Agreement, the APEC, agreements with the European Union (EU)
- Bilateral: The US's Agreements with Chile, Colombia, Morocco, Australia.
Mexico with Chile, Uruguay.
Furthermore, each American country can have Free Trade Agreements (FTA) with third countries. For example, Chile has agreements with Panama, China, the United States, Canada, Mexico, South Korea, Central America, the European Free Trade Association (EFTA), Australia, Peru, and, Turkey.
Turkey is a member of the Trans-Pacific Strategic Economic Partnership Agreement and APEC.
A company wishing to do business in America should know all these agreements in force for all target markets in the region.
If the country of the exporter (or importer):
a) Has agreements in force with some American country:
The exporter should take advantages of the agreement (tariff reductions, rules and certificate of origin, technical standards, foreign direct investment (FDI), Intellectual Property Rights (IPR), public
procurement, Trade in Services…)
however, also need to know if other countries may have agreements in force with one of these countries.
b) Has no agreement in force with any America country:
One possible scenario is that another country (or region) can have some Agreement in force with American countries. Then, the exporter has a disadvantage.
All these factors are essential to design and adapt the International Marketing strategy for each target market in America.
For example, an Argentinian company wishing to export to the United States would be at a disadvantage with a Chilean company, as Chile has a free trade agreement in force with the United States, and the Argentinian company has all the advantages inherent to the agreement. The Argentinian company should consider this factor in its export strategy to the region.
The Master in International Trade and Business in America includes the following Free Trade Agreements (FTA) and institutions related to the foreign trade in the region.
North American Free Trade Agreement (NAFTA).
The United States' Free Trade Agreements.
- United States-Australia
- United States-Korea
- United States-Singapore
- United States-Chile
- United States-Colombia
- United States-Peru
- United States-Panama
- United States-Central
- United States-Bahrain
- United States-Oman
- United States-Morocco
- United States-Israel
- European Union-United States
- ASEAN-United States
Strategic Economic Partnership Agreement (negotiations)
- AGOA - United States-Africa
- Canada-Costa Rica
- European Free Trade Association (EFTA)-Canada
- Mexico-Northern Triangle (El Salvador, Guatemala, and Honduras)
- Mexico-Costa Rica
- European Union-Mexico
Free Trade Agreements (FTA) in Central America.
- Central America-Chile
- European Union-Central America
- Central America-Panama
- Central America-Dominican Republic
- China-Costa Rica
- CARICOM-Costa Rica
- Colombia-Northern Triangle
- Taiwan-Honduras-El Salvador
- Panama-Central America
- Andean Community-Panama
Colombia's Free Trade Agreements (FTA).
- Colombia-European Free Trade Association (EFTA)
Peru's Free Trade Agreements (FTA)
Agreements (Andean Community).
- Andean Community-MERCOSUR
- Andean Community-Chile
- Andean Community-India
- Andean Community-China
- European Union-Andean Community
- Andean Community-Russia
- European Union-MERCOSUR
- South Korea-Chile
- European Union-Chile
- European Free Trade Association (EFTA)-Chile
Master in Business in America: Organisations United States and Canada Mexico Central America Andean Community countries Brazil South America
Free Trade Agreements.