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NAFTA Expansion Agreements
Visit our in-depth sections on each of these NAFTA expansion agreements:
Despite overwhelming evidence that the NAFTA model is a failure, there have been and remain numerous attempts to expand this model to more countries around the world.
NAFTA expansion agreements with Colombia, Panama and South Korea are pending. The Bush administration is attempting to force a vote on the Colombia agreement (though thus far Congressional leaders have pushed back).
In the past few years, NAFTA expansion agreements have been passed - by razor-thin margins and with numerous last-minute arm-twisting techniques - with Oman and five Central American countries and the Dominican Republic (collectively under CAFTA, the Central America Free Trade Agreement).
Currently in a coma for the past several years is the Free Trade Area of the Americas (FTAA), which was originally envisioned as NAFTA for the entire Western Hemisphere except Cuba, yet would have gone far beyond even NAFTA in its scope.
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