1. NORTH AMERICAN FREE TRADE AGREEMENT(NAFTA) PRESENTED BY ABHIJIT ROY AKRAM AZAD ALOK KUMAR AMIT AGARWAL AMIT KUMAR ANIMESH UKIL ANUSHREE HALDAR BHARAT PATEL
2. WHAT IS NAFTA? • The North American Free Trade Agreement (NAFTA ) is a trilateral trade bloc in North America created by the governments of the United States, Canada, and Mexico • The agreements were signed in December 1993 by the presidents of the three countries and it came into effect from 1st Jan. 1994
3. INTRODUCTION • NAFTA entered into force on January 1, 1994. • The final provisions were fully implemented on January 1, 2008. • NAFTA created the world largest free trade area which now • links 450 million people producing 17 trillion worth of goods and services. • “trade between the United States and its NAFTA partners has soared since the agreement entered into force.”