Free Trade Agreement(FIA) The goal of an FTA is to abolish all tanffs between member countries. It usually begins modestly eliminating them on goods that already have low tariffs, and there is usually an implementation period during which all tariffs are eliminated on all products included in the Moreover, each member country tainsits own external tariffs against non-FIA countries. About 90 percent of the RTAs identified by the WTO are free trade agreements.