Free Trade Agreements in America (Master)

In America there are several Trade Agreements (Free Trade Agreements, Economic Partnership), both regional and extra-regional:

1. Intra-regional: USMCA/NAFTA 2.0, MERCOSUR, Andean Community, Latin American Integration Association;
2. Extra-regional: Trans-Pacific Agreement, APEC, agreements with the European Union (EU);
3. Bilateral: U.S. Agreements with Chile, Colombia, Morocco, Australia. Mexico has trade agreements with Chile, Uruguay...

Furthermore, each American country can have Free Trade Agreements (FTA) with the third countries. For example, Chile has trade agreements with Panama, China, the United States, Canada, Mexico, South Korea, Central America, the European Free Trade Association (EFTA), Australia, Peru, and, Turkey.

Chile is a member of the Comprehensive and Progressive Agreement for Trans-Pacific Partnership and the APEC.

A company wishing to do business in America should know all these agreements in force for all the target markets in the region.

If the country of the exporter (or importer):

a) Has agreements in force with an 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, it also needs 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 an agreement in force with the 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 Business in America includes the following Free Trade Agreements (FTA) and institutions related to foreign trade in the region.

United States-Mexico-Canada Agreement (USMCA/NAFTA 2.0).

United States Free Trade Agreements.

1. United States-Australia Free Trade Agreement (FTA);
2. United States-South Korea Free Trade Agreement (FTA);
3. United States-Singapore Free Trade Agreement (FTA);
4. United States-Chile Free Trade Agreement (FTA);
5. United States-Colombia Free Trade Agreement (FTA);
6. United States-Peru Free Trade Agreement (FTA);
7. United States-Panama Free Trade Agreement (FTA);
8. United States-Central America-Dominican Republic Free Trade Agreement (FTA);
9. United States-Bahrain;
10. United States-Oman;
11. US-Jordan;
12. United States-Morocco;
13. United States-Israel;
14. European Union-United States;
15. ASEAN-United States;
16. Comprehensive and Progressive Agreement for Trans-Pacific Partnership (negotiations);
17. AGOA - United States-Africa.

Canada.

1. Colombia-Canada Free Trade Agreement (FTA);
2. Peru-Canada Free Trade Agreement (FTA);
3. Chile-Canada Free Trade Agreement (FTA);
4. Panama-Canada Free Trade Agreement (FTA);
5. Honduras-Canada Free Trade Agreement (FTA);
6. Canada-Costa Rica Free Trade Agreement (FTA);
7. European Free Trade Association (EFTA)-Canada Free Trade Agreement (FTA);
8. ASEAN-Canada Free Trade Agreement (FTA);
9. India-Canada Free Trade Agreement (FTA);
10. Jordan-Canada Free Trade Agreement (FTA).

Mexico.

1. Mexico-Northern Triangle (El Salvador, Guatemala, and Honduras);
2. Mexico-Costa Rica Free Trade Agreement (FTA);
3. Mexico-Nicaragua Free Trade Agreement (FTA);
4. Mexico-Colombia Free Trade Agreement (FTA);
5. Mexico-Uruguay;
6. Mexico-Chile Free Trade Agreement (FTA);
7. Mexico-MERCOSUR;
8. European Union-Mexico;
9. Mexico-European Free Trade Association (EFTA) Agreement;
10. Mexico-Japan Free Trade Agreement (FTA);
11. Mexico-Israel.

Free Trade Agreements (FTA) in Central America.

1. Central America-Chile Free Trade Agreement (FTA);
2. European Union-Central America;
3. Central America-Panama Free Trade Agreement (FTA);
4. Central America-Dominican Republic Free Trade Agreement (FTA);
5. China-Costa Rica Free Trade Agreement (FTA);
6. CARICOM-Costa Rica Free Trade Agreement (FTA);
7. Colombia-Northern Triangle;
8. Taiwan-Honduras-El Salvador;
9. Guatemala-Taiwan Free Trade Agreement (FTA);
10. Taiwan-Nicaragua Free Trade Agreement (FTA);
11. Panama-Taiwan Free Trade Agreement (FTA);
12. Singapore-Panama Free Trade Agreement (FTA);
13. Panama-Central America;
14. Panama-Chile Free Trade Agreement (FTA);
15. Andean Community-Panama Free Trade Agreement (FTA).

Colombian Free Trade Agreements (FTA).

1. Colombia-Chile Free Trade Agreement (FTA);
2. Colombia-CARICOM;
3. Colombia-European Free Trade Association (EFTA).

Peruvian Free Trade Agreements (FTA).

1. China-Peru Free Trade Agreement (FTA);
2. Peru-Singapore Free Trade Agreement (FTA);
3. Peru-MERCOSUR;
4. Chile-Peru Free Trade Agreement (FTA);
5. Peru-European Free Trade Association (EFTA) Agreement.

Agreements of the Andean Community.

1. Andean Community-MERCOSUR;
2. Andean Community-Chile Free Trade Agreement (FTA);
3. Andean Community-India Free Trade Agreement (FTA);
4. Andean Community-China Free Trade Agreement (FTA);
5. European Union-Andean Community;
6. Andean Community-Russia.

MERCOSUR Agreements.

1. Chile-MERCOSUR;
2. India-MERCOSUR;
3. Egypt-MERCOSUR;
4. Israel-MERCOSUR;
5. European Union-MERCOSUR.

Chile's Agreements.

1. China-Chile Free Trade Agreement (FTA);
2. India-Chile Free Trade Agreement (FTA);
3. South Korea-Chile Free Trade Agreement (FTA);
4. Australia-Chile Free Trade Agreement (FTA);
5. European Union-Chile Free Trade Agreement (FTA);
6. European Free Trade Association (EFTA)-Chile Free Trade Agreement (FTA);
7. Turkey-Chile Free Trade Agreement (FTA);
8. Chile-Ecuador.

(c) EENI Global Business School (1995-2022)
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