| Description: | At the second Summit of the Americas in Santiago, Chile (April 1998), 34 Western Hemisphere nations agreed to initiate formal negotiations to create a Free Trade Area of the Americas (FTAA) by 2005. The process so far has led to two draft texts, the second completed for the November 1, 2002 trade ministerial in Quito, Ecuador. A year later, the third draft is expected at the eighth trade ministerial scheduled for November 17-21, 2003 in Miami. Although implementing legislation is not anticipated until the next Congress, for an FTAA to be signed in January 2005, the 108th Congress will play a crucial role during this last phase of the negotiations given its expanded consultative and oversight authority as defined in the Trade Promotion Authority (TPA) provisions of the Trade Act of 2002 (P.L. 107-210). This report will be updated periodically. |
|---|---|
| Creator(s): | |
| Location(s): | |
| Creation Date: | May 14, 2003 |
| Partner(s): |
UNT Libraries Government Documents Department
|
| Collection(s): |
Congressional Research Service Reports
|
| Usage: |
Total Uses: 6
Past 30 days: 0
Yesterday: 0
|
| Creator (Author): |
|
|
|---|---|---|
| Creator (Author): | ||
| Publisher Info: |
Publisher Name: Congressional Research Service, Library of Congress
Place of Publication: Washington D.C., USA
|
|
| Original Creation Date: | May 14, 2003 | |
| Coverage: |
|
|
| Description: | At the second Summit of the Americas in Santiago, Chile (April 1998), 34 Western Hemisphere nations agreed to initiate formal negotiations to create a Free Trade Area of the Americas (FTAA) by 2005. The process so far has led to two draft texts, the second completed for the November 1, 2002 trade ministerial in Quito, Ecuador. A year later, the third draft is expected at the eighth trade ministerial scheduled for November 17-21, 2003 in Miami. Although implementing legislation is not anticipated until the next Congress, for an FTAA to be signed in January 2005, the 108th Congress will play a crucial role during this last phase of the negotiations given its expanded consultative and oversight authority as defined in the Trade Promotion Authority (TPA) provisions of the Trade Act of 2002 (P.L. 107-210). This report will be updated periodically. |
|
| Physical Description: |
6 pages. |
|
| Language(s): | ||
| Subject(s): |
|
|
| Partner: |
UNT Libraries Government Documents Department
|
|
| Collection: |
Congressional Research Service Reports
|
|
| Identifier: |
|
|
| Resource Type: | Text | |
| Format: | Text | |
| Rights: |
Access:
Public
|
|
