East Asia Free Trade Agreement

East Asia Free Trade Agreement

13 of the 16 nations (excluding India, Australia and New Zealand) are also simultaneously negotiating an East Asia Free Trade Area. The two processes are not alternatives and both are being pursued simultaneously

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China–Pakistan Free Trade Agreement

[needs update]The China-Pakistan Free Trade Agreement is a major free trade agreement signed between the People's Republic of China and Pakistan. It was concluded in 2006 and entered into effect in July 2007. Trade volume due to agreement between the two states was $13 billion in 2013, and reached to $20 billion by 2017 when both countries signed 51 agreements and Memorandums of Understanding (MoUs) for cooperation in different fields. China had been contributing significantly to Pakistan's imports even before the FTA was signed and has seen considerable improvement in its ranking after the FTA was implemented in 2007. By 2012, it was the source for 15% of Pakistan's overall imports from the world as compared to 9.8% in 2006.

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Free trade agreement

The two countries have a free trade agreement and are currently negotiating Preferential Trade Agreement (PTA). In 2012, the bilateral trade was $301,000. Much of the trade between the two is routed through some third country making products like surgical instruments, textile products, rice and lumber much more expensive. .

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European Union–Mercosur free trade agreement

The European Union-Mercosur free trade agreement is a free trade agreement on which the EU and Mercosur reached agreement in principle in 2019. The deal was announced at the 2019 G20 Osaka summit after twenty years of negotiations. Although there is agreement in principle, the final texts have not been finalised, signed or ratified and therefore has not entered into force. If ratified, it would represent the largest trade deal struck by both the EU and Mercosur in terms of citizens involved. The trade deal is part of a wider Association Agreement between the two blocs, currently under negotiation.

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United States–Colombia Free Trade Agreement

The United States-Colombia Trade Promotion Agreement (CTPA) (Spanish: Tratado de Libre Comercio entre Colombia y Estados Unidos or TLC) is a bilateral free trade agreement between the United States and Colombia. Sometimes called the Colombia Free Trade Agreement, it was signed on November 22, 2006, by Deputy U.S. Trade Representative John Veroneau and Colombian Minister of Trade, Industry, and Tourism Jorge Humberto Botero. CTPA is a comprehensive agreement that will eliminate tariffs and other barriers to trade in goods and services between the United States and Colombia, including government procurement, investment, telecommunications, electronics commerce, intellectual property rights, and labor and environmental protection The United States Congress. Colombia's Congress approved the agreement and a protocol of amendment in 2007. Colombia's Constitutional Court completed its review in July 2008, and concluded that the Agreement conforms to Colombia's Constitution. President Obama tasked the Office of the U.S. Trade Representative with seeking a path to address outstanding issues surrounding the Colombia FTA. The United States Congress then took on the agreement and passed it on October 12, 2011. The agreement went into effect on May 15, 2012.

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Canada–European Free Trade Association Free Trade Agreement

The Canada-European Free Trade Association Free Trade Agreement is a trade agreement between Canada and the member states of the European Free Trade Association (Iceland, Norway, Switzerland and Liechtenstein). Signed in Davos, Switzerland on January 26, 2008, it came into effect on July 1, 2009. The agreement is aimed at eliminating all tariffs on goods between Canada and EFTA members. In 1999, Canada entered into free trade negotiations with the EFTA. Negotiations concluded successfully in June 2007, and the FTA between Canada and the EFTA States was signed on January 26, 2008. Bilateral Agreements on Agriculture between Canada and each EFTA State were appended to the CEFTA. Both came into effect on July 1, 2009. The agreement eliminates almost all tariffs, with certain agricultural and fishery products being excluded from immediate tariff elimination. Bilateral trade totaled $10.7 billion in 2006 (With Canadian imports from the EFTA valued at $7.6 billion and Exports to the EFTA at $3.1 Billion). Investments between the EFTA and Canada are valued at $22 billion in 2006. The agreement is Canada's first free trade agreement with any European nation.

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Canada–Central American Four Free Trade Agreement

The Canada-Central American Four Free Trade Agreement was a proposed free trade agreement between Canada and the Central American states of Guatemala, El Salvador, Honduras, and Nicaragua (collectively referred to as the Central American Four or CA4).[a] Twelve rounds of negotiations were undertaken between 2001 and 2010, after which no agreement had been reached. Canada and Honduras instead decided to pursue a bilateral agreement between themselves, and those negotiations concluded successfully in August 2011. The United States negotiated and ratified a similar treaty with these countries, called the Central American Free Trade Agreement. In a referendum on October 7, 2007, the voters of Costa Rica narrowly backed the free trade agreement with the U.S., with about 52 percent of "Yes" votes.