It is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.; The agreement came into force on January 1, 1994.; It superseded the Canada–United States Free Trade Agreement between the U.S. and Canada.;
It is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.
The agreement came into force on January 1, 1994.
It superseded the Canada–United States Free Trade Agreement between the U.S. and Canada.
NAFTA has two supplements: the North American Agreement on Environmental Cooperation (NAAEC) and the North American Agreement on Labor Cooperation (NAALC).
The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.
NAFTA also sought to eliminate non-tariff trade barriers and to protect the intellectual property rights on traded products.