What does TAFTA mean in International Business?
This page is about the meanings of the acronym/abbreviation/shorthand TAFTA in the Business field in general and in the International Business terminology in particular.
Transatlantic Free Trade Area
http://en.wikipedia.org/wiki/Transatlantic_Trade_and_Investment_Partnership
Submitted by acronimous on April 17, 2014
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Definition
What does TAFTA mean?
- TAFTA
- A Transatlantic Free Trade Agreement (TAFTA) is a proposal to create a free-trade agreement covering Europe and North America, on both sides of the Atlantic Ocean. Such proposals have been made since the 1990s. Between 2013 and about 2017 an agreement between the United States and the European Union (EU) was under negotiation - the Transatlantic Trade and Investment Partnership - but it was abandoned. If an agreement is reached and ratified on both sides, it could at least in theory be expanded to include the European Free Trade Association (EFTA). Canada and Mexico both have free trade agreements with both the EU and EFTA.
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"TAFTA." Abbreviations.com. STANDS4 LLC, 2024. Web. 26 May 2024. <https://www.abbreviations.com/term/1494934>.
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