North American Free Trade (NAFTA) Expansion

Implementation of the North American Free Trade Agreement (NAFTA) began on January 1, 1994. This agreement will remove most barriers to trade and investment among the United States, Canada, and Mexico.

As the North American Free Trade Agreement (NAFTA) expands into both the Central America Free Trade Agreement (CAFTA) and the Free Trade of the Americas (FTAA), the elimination of duties will benefit those brands that have already been established in the market place. Will the brands you represent be among them?

The edition of 'Business' gives some statistics for CAFTA alone. "Under CAFTA more than 80 percent of US consumer goods and industrial products, and 50 percent of US farm products will gain immediate tariff-free entrance into the region. Within 10 years, 100 percent of all American goods and services will enter the region tariff-free, while tariffs on the remaining agricultural products will be gradually phased out over a period of time."

To read more on the ongoing trade agreements relative to this area see the following links.

  Caribbean Community (CARICOM)

US Dept. of Ag. Foreign Agriculture Service

International Trade Administration