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Essay / Research Paper Abstract
12 pages in length. The meeting of minds between Chile and the United States has brought about a long awaited coupling pertaining to free trade. Chile responded enthusiastically when presented with the opportunity to become a part of 1994's North American Free Trade Agreement (NAFTA) but because of the issue of presidential fast-track trade negotiation authority, the merger did not come to fruition. Now, nearly a decade later -- after negotiations began in the year 2000 -- Chile and America have come to their own agreement with regard to free trade, one that is both historic and comprehensive in nature. Bibliography lists 10 sources.
Page Count:
12 pages (~225 words per page)
File: LM1_TLCChileFT.rtf
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Unformatted sample text from the term paper:
to become a part of 1994s North American Free Trade Agreement (NAFTA) but because of the issue of presidential fast-track trade negotiation authority, the merger did not come to fruition.
Now, nearly a decade later -- after negotiations began in the year 2000 -- Chile and America have come to their own agreement with regard to free trade, one
that is both historic and comprehensive in nature (Mills, 2002). Fundamental to this monumental agreement is how it will "strip away barriers and facilitate trade and investment between both
countries" (Miller, 2002), setting an important precedence as the first ever such transaction between the North and South American countries. Said U.S. Trade Representative Robert B. Zoellick: "This
is an excellent agreement that cuts tariffs and opens markets for American workers, farmers, investors and consumers. Its a win-win state of the art FTA for the modern economy
- it not only slashes tariffs, it reduces barriers for services, protects leading-edge intellectual property, keeps pace with new technologies, ensures regulatory transparency and provides effective labor and environmental enforcement...The
U.S.-Chile FTA really is a partnership for growth, a partnership in creating economic opportunity for the people of both countries. Chile is an ideal free trade partner for the
United States because of its sound macroeconomic policies and commitment to free trade. The U.S.-Chile free trade partnership extends beyond this agreement - we are both working hard together
to advance global trade negotiations and the Free Trade Area of the Americas" (Miller, 2002). The impact of the United States-Chile FTA has both grand and far-reaching implications, with
tariff-free trade providing farmers, workers, consumers and investors alike the benefit of unimpeded import/export progress. This approach to unfettered trade between America and Chile is proving instrumental in the
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