Transatlantic Free Trade Area

Proposal to lower tariffs between Europe and North America

Parts of this article (those related to documentation) need to be updated. Please help update this article to reflect recent events or newly available information. (December 2023)

|

Part of a series on

International trade agreements
Stages of economic integration around the World

* Common market (EEA–Switzerland, ASEAN)

* Customs union (CAN, EAC, EUCU, SACU)

* Multilateral Free Trade Area (CEFTA, CISFTA, COMESA, EFTA, GAFTA, SAFTA, AANZFTA, PAFTA, SADCFTA, USMCA)

Proposed trade agreements

* Comprehensive Economic and Trade Agreement (CETA)
* Transatlantic Trade and Investment Partnership (TTIP)
* Trade in Services Agreement (TiSA)
* Trans-Pacific Partnership (TPP)

Related concepts

* Investor state dispute settlement (ISDS) or Investment court system (ICS)
* Bilateral investment treaty
* Special economic zone
* Free trade zone

* v
* t
* e

A Transatlantic Free Trade Agreement (TAFTA) is a proposal to create a free-trade agreement covering Europe and North America, on both sides of the Atlantic Ocean. Such proposals have been made since the 1990s. Between 2013 and about 2017 an agreement between the United States and the European Union (EU) was under negotiation - the Transatlantic Trade and Investment Partnership \- but it was abandoned.[1] Canada and Mexico both have free trade agreements with both the EU and European Free Trade Association (EFTA).

## Current and pending trade agreements between proposed members

[edit]

* Comprehensive and Progressive Agreement for Trans-Pacific Partnership (Canada and Mexico along with Australia, Japan, Singapore, New Zealand, Vietnam) - since 2018: The United Kingdom is also attempting to participate since 2021.
* United States–Mexico–Canada Agreement (US, Canada & Mexico) – took effect in 2020
* Canada–European Free Trade Association Free Trade Agreement (Canada & EFTA) – took effect in 2009
* Comprehensive Economic and Trade Agreement (Canada & EU) – substantial parts are provisionally applied since September 2017
* Free Trade Agreement between Mexico and the European Union (Mexico & EU) – took effect in 2000
* European Economic Area (most of EU & EFTA) – took effect in 1994
* Various bilateral free trade agreements of Switzerland

## EU-US trade

[edit]

* Transatlantic Economic Council

## See also

[edit]

* Free trade areas in Europe
* List of bilateral free trade agreements

## References

[edit]

1. ^ "Transatlantic Trade and Investment Partnership (TTIP) - Trade - European Commission".

## External links

[edit]

This article includes a list of general references, but it lacks sufficient corresponding inline citations. Please help to improve this article by introducing more precise citations. (May 2016) (Learn how and when to remove this message)

|

* EU negotiations site
* European Commission, DG Trade - In focus Transatlantic Trade and Investment Partnership (TTIP)
* USTR Transatlantic Trade and Investment Partnership
* The Transatlantic Colossus: Global Contributions to Broaden the Debate on the EU-US Free Trade Agreement A collaborative publication with over 20 articles on the global implications of the TAFTA | TTIP

* v
* t
* e

Free trade agreements of the United States

Existing|

| Bilateral|

* Australia
* Bahrain
* Chile
* Colombia
* Israel
* Jordan
* Morocco
* Oman
* Panama
* Peru
* Singapore
* South Korea

|

Multilateral|

* Dominican Republic–Central America Free Trade Agreement (CAFTA-DR)
* United States–Mexico–Canada Agreement (USMCA)

Proposed|

| Bilateral|

* Brazil
* Ecuador
* Ghana
* Indonesia
* Kenya
* Kuwait
* Malaysia
* Mauritius
* Mozambique
* New Zealand
* Taiwan
* United Arab Emirates
* United Kingdom
* Uruguay

|

Multilateral|

* Middle East Free Trade Area (MEFTA)
* Trade in Services Agreement (TISA)
* Transatlantic Free Trade Area (TAFTA)

Suspended|

* Free Trade Area of the Americas (FTAA) (no interest since 2005)
* Qatar (on hold since 2006)
* Southern African Customs Union (on hold since 2006)
* Thailand (on hold since 2006)
* Transatlantic Trade and Investment Partnership (TTIP)

Defunct or
expired

* Canada (superseded by NAFTA)
* Canada–United States Automotive Products Agreement
* North American Free Trade Agreement (NAFTA) (superseded by USMCA)
* Trans-Pacific Partnership (TPP)

*[v]: View this template
*[t]: Discuss this template
*[e]: Edit this template