The Free Trade Area of the Americas (FTAA)

The Free apportion Area of the Americas, which was proposed to be completed by January 01, 2005, would be the worlds largest free trade zone. This American-led western hemisphere object would encompass 34 nations and 800 million people. The agreement is based on the NAFTA and covers such issues as Institutional Issues, Transparency, Environment Provisions, Labor Provisions, Tariffs and Non-Tariff Measures, and investiture as well as others. The details of the agreement whitethorn be viewed at http://www.ftaa-alca.org/. The purpose of this paper is not to identify the issues contained in the FTAA agreement, but rather to identify several(prenominal) of the major stakeholders and their views throughout the progress of negotiations.

U.S.A.

The United States of America is competitiveness to maintain its superpower status, and the FTAA is a milestone in its constant battle for power. Several different groups have varied opinions of the FTAA. These groups inhabit of the American politicians, U.S. business, and the general public.

American Political View

Bushs supporters view the FTAA as a powerful tool for improving Americas relations with Latin leaders. However, many another(prenominal) negative sentiments have emerged from powerful lobbyists and political groups. Democrats and labor officials both(prenominal) believe the FTAA would encourage U.S. firms to relocate to places with less stringent laws, endangering American jobs and the environment.



Given the case of NAFTA, there may be fountain to worry.

Despite resistance, which the Bush administration sees as futile, the U.S. is proceeding. The message at the U.S. Trade Representatives Office in November of last year was a put one across commitment to moving forward with the FTAA, though at a slower pace: Their plan is to continue negotiating a ball-shaped free-trade agreement through the World Trade Organization, while creating atmospheric pressure for the FTAA by knocking off smaller, bilateral agreements. One with chilli pepper is done. A Central...

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