Dictionary of Procurement Terms

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Search Results: 1-1 of 1 result for “North American Free Trade Agreement (NAFTA)”

  • North American Free Trade Agreement (NAFTA)

    Passed by Congress in 1993, it is an agreement between Canada, Mexico, and the United States, designed to create a Free Trade Area (FTA) consistent with World Trade Organization’s (WTO) rules, whereby all tariffs will be eliminated within the FTA over a transition period.