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Free Trade Area of the Americas

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The Free Trade Area of the Americas is intended as a successor to the North American Free Trade Agreement and is still under negotiation. The current drafts would require, among other things, that member countries to subscribe to a large collection of intellectual property agreements.

Some additional points about the FTAA:

  • Privatization of essential public services like water, education, and health care.
  • Corporate reductions of wages, environmental standards and economic insecurity.
  • Corporate freedom to sue governments and weaken local, state and national laws that stand in the way of profits.

see also trade, international trade, trade blocks

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