The Free Trade Agreement (FTA) was a trade agreement signed by Canada and the United States on October 4, 1988. The agreement, finalized by October 1987, removed several trade restrictions in stages over a ten year period, and resulted in a great increase in cross-border trade.
As dictated by the agreement, the main purpose of the Canadian-United States Free Trade Agreement are as follows:
- Eliminate barriers to trade in goods and services between Canada and the United States
- Facilitate conditions of fair competition within the free-trade area established by the Agreement
- Liberalize significantly conditions for investment within that free-trade area
- Establish effective procedures for the joint administration of the Agreement and the resolution of disputes
- Lay the foundation for further bilateral and multilateral cooperation to expand and enhance the benefits of the Agreement
This 13-volume legislative history set will be available in HeinOnline’s U.S. Federal Legislative History Library with the July content release.