Statistics Explained

Glossary:North American Free Trade Agreement (NAFTA)

The North American Free Trade Agreement, abbreviated as NAFTA, is a regional free trade area made up of:

Canada (CA) Mexico (MX) United States (US)

The agreement, which entered into force on 1 January 1994, seeks to eliminate trade barriers and faciliate the cross-border movement of goods and services. Dispute settlement is handled by the NAFTA Secretariat, which has a branch in each of the three countries.

Further information

Related concepts