Free Trade Agreement

An agreement between two or more countries that reduces or eliminates most trade restrictions between the participants. For example, a free trade agreement may abolish subsidies to favored industries in order to make them less expensive compared to international competitors. Proponents of free trade argue that it is more economically efficient and helps consumers by promoting competition to keep prices low. Critics contend that free trade is detrimental to local jobs, especially in the developed world. NAFTA is a major (and controversial) example of a free trade agreement. In particular, NAFTA allowed for the more or less free importation and exportation of agricultural products and textiles.

References in periodicals archiveNegotiating and signing exciting new free trade agreements is my top priority - and none are more important than with the United States.International Trade Secretary Liz Truss meets with US AmbassadorHe said Free Trade Agreement (FTA) negotiation was also continuing between Pakistan and Turkey and now the latter also agreed to give free market access to Pakistani textile products.Sino-Pak FTA- II to boost Pakistan's exports by US $ 2 blnAfter signing of this agreement, Pakistan has a comprehensive Free Trade Agreement with China covering trade in goods, investments and trade in services.Pak-China free trade agreement's 2nd phase to be inked this monthSri Lanka and India have been discussing an Economic and Technology Cooperative Agreement (ETCA) while China and Sri Lanka have had talks on a Free Trade Agreement.Sri Lanka to review FTA talks with China, India, ThailandBaig expressed his concern that in spite of Free Trade Agreement between both countries for the last 13 years, the trade between two countries is only $ 373 million out of which exports from Pakistan to Sri Lanka are $270 million and imports from Sri Lanka to Pakistan are $ 103, whereas in 2011 the trade volume was $512 million with exports of $ 442 million and imports was $ 70 million which shows a decline in trade volume between the two countriesFPCCI President, Sri Lankan envoy discuss bilateral tradeReplying to another question, he said that Pakistan would get benefits of $ 200 million after signing the Free Trade Agreement (FTA) with Thailand and also enhancing the trade volume between both nations.Govt to implement trade policy after a review in line with modern trendsThe CPTPP is an 11-country free trade agreement, making up approximately 13.4 percent of global GDP.Taiwan working towards joining CPTPP as soon as possibleThe seminar aimed to continuously update the business sector on how to avail itself of preferential tariffs when trading with countries where the Philippines has free trade agreements (FTAs) by complying with the rules of origin (ROO).DTI-EMB holds 'FTAs through ROO' info sessionSpeaking alongside Mrs May in Downing Street, the Australian PM said: "As Britain moves to completing its exit from the EU, we stand ready to enter into a free trade agreement with the UK as soon as the UK is able to do so.Australia wants a trade deal with UK On 13 May 2017, Georgia and China signed the free trade agreement to expand bilateral trade, BeijingEe's first-ever free trade agreement in the Eurasian region; The two countries launched the free trade agreement negotiations in March 2015.GEORGIA: FREE TRADE AGREEMENT WITH CHINA* Bilateral Free trade Agreement with Ukraine these agreements give Macedonia duty free access to more than 650 million consumers.Invest in Macedonia--new business heaven in Europe: market of over 650 million consumers via Macedonia

FTA

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Acronym	Definition
FTA➣Free To Air (satellite broadcast)
FTA➣Free-to-air (free television)
FTA➣Federal Transit Administration (US government)
FTA➣Free-Trade Agreement
FTA➣Free Trade Area
FTA➣Fortuna (Amtrak station code; Fortuna, CA)
FTA➣Free Throws Attempted (basketball)
FTA➣Failure to Acquire (biometrics)
FTA➣Freight Transport Association (UK)
FTA➣Fault Tree Analysis
FTA➣Free to Advertise
FTA➣Festival Transamériques (Canadian festival)
FTA➣Foreign Trade Act (various locations)
FTA➣Failure To Appear (in court)
FTA➣From the Article
FTA➣Feed the Addiction
FTA➣First Trust Advisors LP (Wheaton, IL)
FTA➣Free Trade Alliance (gaming)
FTA➣Federation of Tax Administrators (IRS)
FTA➣Forum on Tax Administration (various organizations)
FTA➣Federal Transit Authority
FTA➣Flexographic Technical Association
FTA➣Fan Tray Assembly
FTA➣Free Trade Agreement
FTA➣Free to Air
FTA➣Future Teachers of America
FTA➣Florida Trail Association (Gainesville, FL)
FTA➣Fire Training Academy (various locations)
FTA➣Foreign Trade Association
FTA➣Fund Transfer Agreement (California)
FTA➣Fine-Tuning Argument
FTA➣Federal Telecommunications Act of 1996
FTA➣Forgive Them All
FTA➣For the Alliance (World of Warcraft)
FTA➣Fluides Techniques Applications (French: Fluids Technical Applications)
FTA➣Full Type Approval
FTA➣Fault Tolerant Architecture (software)
FTA➣Free The Army
FTA➣Fundamental Theorem of Algebra
FTA➣French Tax Authority
FTA➣Fringe Theatre Adventures (Edmonton, Canada)
FTA➣First Time Applicant (various organizations)
FTA➣Face Threatening Act (politeness theory)
FTA➣Foundation for Traffic Safety (AAA)
FTA➣First Technical Advisor (various organizations)
FTA➣For the Awesome
FTA➣For the Art Clothing (Philadelphia, PA)
FTA➣Fundamental Theorem of Arithmetic
FTA➣Flexible Packaging Association
FTA➣Florida Trucking Association
FTA➣Fun, Travel, and Adventure
FTA➣File Transfer Appliance
FTA➣Fair Trials Abroad (legal rights; various locations)
FTA➣Francs Tireurs Artésiens (French archery organization)
FTA➣Failed to Arrive (shipping)
FTA➣Ferrapie Transport Affrètement (French cleaning company)
FTA➣Fair Trade Authority (online safety network)
FTA➣Failure Tree Analysis
FTA➣First Term Airmen
FTA➣Flowline Termination Assembly
FTA➣Free Tools Association
FTA➣Floptical Technology Association
FTA➣Failure to Adapt
FTA➣Fondos de Titulización de Activos (Spanish)
FTA➣Fluorescent Treponemal Antibodies
FTA➣Financial Times Actuaries
FTA➣Fraunhofer Technology Academy (Germany)
FTA➣Formation Technical Authority (Canada)
FTA➣Field Terminal Assembly
FTA➣Floatation Tank Association (UK)
FTA➣Functional Tolerancing and Annotation
FTA➣Financial Training Associates
FTA➣Flight Test Associates Inc (Mojave, CA)
FTA➣Florida Theatrical Association
FTA➣Federazione del Terziario Avanzato (Italy)
FTA➣Flight To America (military)
FTA➣Fork Truck Association
FTA➣Fraternity Trade Association
FTA➣Follow The Airborne
FTA➣Failure Trend Analysis
FTA➣Free The Animals
FTA➣Facility TEMPEST Assessment
FTA➣Fluorescent Treponema Absorption (test for syphilis)
FTA➣Failure to Authenticate
FTA➣Flying Tippler Association of America
FTA➣Florida Transportation Association, Inc.
FTA➣Film and Television Archives (UCLA)
FTA➣Functional Test Assembly
FTA➣Foreign Telecommunication Administration
FTA➣Firearms Training Associates, Inc.
FTA➣Fast Time Analyzer/Analysis
FTA➣Fast-Twich A
FTA➣Free Thinkers of America
FTA➣Field Technical Authority
FTA➣Finest Training Available (military)
FTA➣Foris Tui Animus (Opening Your Soul; band)
FTA➣Fractal Tree Antenna
FTA➣Future Tailgaters of America (various user sites)
FTA➣Fixed-Term Assignment
FTA➣Full Test Approval

References in periodicals archiveYesterday (Monday 29 July) in her first official external meeting as International Trade Secretary, Liz Truss met with American Ambassador to the United Kingdom Woody Johnson at Winfield House to discuss fast-tracking a USA-UK free trade agreement.International Trade Secretary Liz Truss meets with US AmbassadorThe adviser said Free Trade Agreement was signed between Pakistan and China in 2007, however, he added, after China's FTA with Association of South East Asian (ASIAN) countries, Pak- China FTA needed to be reviewed to get same market access as ASIAN countries were getting.Sino-Pak FTA- II to boost Pakistan's exports by US $ 2 blnLAHORE -- The second phase of Pakistan-China Free Trade Agreement will be signed in Beijing, during the upcoming visit of Prime Minister Imran Khan to China this month.Pak-China free trade agreement's 2nd phase to be inked this monthThe Government is to review the progress in Free Trade Agreement (FTA) talks with China, India and Thailand.Sri Lanka to review FTA talks with China, India, ThailandMirza Ikhtiar Baig, Senior Vice President, Federation of Pakistan Chambers of Commerce and Industry (FPCCI) to discuss bilateral trade, investment and potential of Free Trade Agreement (FTA) between Pakistan and Sri-LankaFPCCI President, Sri Lankan envoy discuss bilateral tradeReplying to a question, he said that Free Trade Agreement (FTA) with different countries including Turkey, China and Thailand were under negotiation phase.Govt to implement trade policy after a review in line with modern trendsThe Comprehensive and Progressive Agreement for a Trans-Pacific Partnership (CPTPP) free trade agreement is expected to begin next year, and Taiwan believes it can meet the standards and commitments of the deal.Taiwan working towards joining CPTPP as soon as possibleTo date, the Philippines as member of the Asean has signed Free Trade Agreements, i.e., Asean Trade in Goods Agreement (ATIGA), Asean-China Free Trade Agreement (ACFTA), Asean-Korea Free Trade Agreement (AKFTA), Asean-Australia-New Zealand Free Trade Agreement (AANZFTA), Asean-Japan Comprehensive Economic Partnership Agreement (AJCEPA), Asean-India Free Trade Agreement (AIFTA), and Asean-Hong Kong Free Trade Agreement.DTI-EMB holds 'FTAs through ROO' info sessionIndonesia has agreed to unilaterally grant market access to Pakistan on 20 priority tariff lines while new concessions under the China-Pakistan Free Trade Agreement will provide a boost to Pakistani exports.Govt takes several steps for promotion of Pakistani products at int'l levelAUSTRALIAN prime minister Malcolm Turnbull has said his country wants to seal a free trade agreement with the UK "as soon as possible" after Britain's withdrawal from the European Union.Australia wants a trade deal with UKSummary: On 13 May 2017, Georgia and China signed the free trade agreement to expand bilateral trade, BeijingEe's first-ever free trade agreement in the Eurasian region;GEORGIA: FREE TRADE AGREEMENT WITH CHINA