Publication - The North American Free Trade Agreement (NAFTA)
Title in English
The North American Free Trade Agreement (NAFTA)
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Summary in English
The North American Free Trade Agreement (NAFTA) came into force on January 1, 1994. NAFTA was built on the Canada-United States Free Trade Agreement and expanded its membership to include Mexico. NAFTA was designed to foster increased trade and investment among the NAFTA partners. The Agreement contains an ambitious schedule for the elimination of most tariffs and reduction of non-tariff barriers, as well as comprehensive provisions on the conduct of business in the free trade area. These include rules regarding investment, services, intellectual property, competition, cross-border movement of persons, government procurement, and an improved dispute settlement mechanism.