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U.S. ECONOMY > International Trade > Global Trade Agreements > North American Free Trade Agreement

By strengthening the rules and procedures governing trade and investment on this continent, the NAFTA has allowed trade and investment flows in North America to skyrocket. According to figures of the International Monetary Fund, total trade among the three NAFTA countries has more than doubled, passing from US$306 billion in 1993 to almost US$621 billion in 2002. That’s US$1.2 million every minute.

The North American Free Trade Agreement (NAFTA), is an outstanding demonstration of the rewards to outward-looking countries that implement policies of trade liberalization as a way to increase wealth and improve competitiveness. The NAFTA is an example of the benefits that all countries could derive from moving forward with multilateral trade liberalization. Farmers, workers and manufacturers benefit from the reduction of arbitrary and discriminatory trade rules, while consumers enjoy lower prices and more choices.


NAFTA Recent News
NAFTA Reports
Document Library
Selection Statement of John M. Melle, Deputy Assistant USTR for North America before the Committee on International Relations Subcommittee on the Western Hemisphere of the U.S. House of Representatives
Selection 06/23/2005 | NAFTA Trade and Environment Strategic Plan
Selection 07/16/2004 | NAFTA Joint Statement
Selection 07/16/2004 | Canada Medicine MOU
Selection 07/01/04 | Fact Sheet on NAFTA Benefits
Selection Chapter 11 Trilateral Negotiating Draft Texts
Selection Related Links
Selection NAFTA at 10
Selection NAFTA at 8
Selection NAFTA at 7
Selection NAFTA Tariff Acceleration Reports
Selection Report from the Trilateral Working Group on Textiles and Apparel to the NAFTA Free Trade Commission
Selection Press Releases
Selection Fact Sheets
Selection NAFTA Speeches
Selection NAFTA Op-Eds
Selection Federal Register Notices
Selection Final NAFTA Text

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