U.S. Trade Pacts With Latin American and Caribbean Countries
Ratified Agreements
North American Free Trade Agreement (NAFTA) NAFTA is a trilateral trade agreement created bythe governments of the United States, Canada, and Mexico. The U.S. Senate andHouse of Representatives passed NAFTA in November 1993, after intense debate. Leaderof the three countries signed it on December 8, 1993. NAFTA has twosupplements, the North American Agreement on Environmental Cooperation and theNorth American Agreement on Labor Cooperation. These side agreements extend tocooperative efforts to reconcile policies and to procedures for disputeresolution between member states. Implementedon January 1, 1994, NAFTA was designed to gradually eliminate tariff barriersbetween the United States, Canada, and Mexico…
