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G3 Free Trade Agreement

Index G3 Free Trade Agreement

The G-3 was a free trade agreement between Colombia, Mexico, and Venezuela that came into effect on January 1, 1995, which created an extended market of 149 million consumers with a combined GDP (Gross domestic product) of US$486.5 billion. [1]

24 relations: Andean Community, Chile, Colombia, Dominican Republic–Central America Free Trade Agreement, Ecuador, Free trade, Free Trade Area of the Americas, G3, Gross domestic product, Hugo Chávez, Intellectual property, Mercosur, Mexico, North American Free Trade Agreement, Pacific Alliance, Peru, Service (economics), Tariff, Trade bloc, Unfair competition, Union of South American Nations, United States, United States dollar, Venezuela.

Andean Community

The Andean Community (Comunidad Andina, CAN) is a customs union comprising the South American countries of Bolivia, Colombia, Ecuador, and Peru.

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Chile

Chile, officially the Republic of Chile, is a South American country occupying a long, narrow strip of land between the Andes to the east and the Pacific Ocean to the west.

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Colombia

Colombia, officially the Republic of Colombia, is a sovereign state largely situated in the northwest of South America, with territories in Central America.

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Dominican Republic–Central America Free Trade Agreement

The Dominican Republic–Central America Free Trade Agreement (CAFTA-DR) is a free trade agreement (legally a treaty under international law, but not under U.S. law).

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Ecuador

Ecuador (Ikwadur), officially the Republic of Ecuador (República del Ecuador, which literally translates as "Republic of the Equator"; Ikwadur Ripuwlika), is a representative democratic republic in northwestern South America, bordered by Colombia on the north, Peru on the east and south, and the Pacific Ocean to the west.

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Free trade

Free trade is a free market policy followed by some international markets in which countries' governments do not restrict imports from, or exports to, other countries.

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Free Trade Area of the Americas

The Free Trade Area of the Americas (FTAA; Área de Libre Comercio de las Américas, ALCA; Zone de libre-échange des Amériques, ZLÉA; Área de Livre Comércio das Américas, ALCA; Vrijhandelszone van Amerika) was a proposed agreement to eliminate or reduce the trade barriers among all countries in the Americas, excluding Cuba.

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G3

G3, G03, G.III, G.3 or G-3 may refer to.

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Gross domestic product

Gross domestic product (GDP) is a monetary measure of the market value of all final goods and services produced in a period (quarterly or yearly) of time.

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Hugo Chávez

Hugo Rafael Chávez Frías (28 July 1954 – 5 March 2013) was a Venezuelan politician who was President of Venezuela from 1999 to 2013.

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Intellectual property

Intellectual property (IP) is a category of property that includes intangible creations of the human intellect, and primarily encompasses copyrights, patents, and trademarks.

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Mercosur

Mercosur (also known as Mercosul or Ñemby Ñemuha) is a South American trade bloc established by the Treaty of Asunción in 1991 and Protocol of Ouro Preto in 1994.

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Mexico

Mexico (México; Mēxihco), officially called the United Mexican States (Estados Unidos Mexicanos) is a federal republic in the southern portion of North America.

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North American Free Trade Agreement

The North American Free Trade Agreement (NAFTA; Spanish: Tratado de Libre Comercio de América del Norte, TLCAN; French: Accord de libre-échange nord-américain, ALÉNA) is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.

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Pacific Alliance

The Pacific Alliance (Alianza del Pacífico) is a Latin American trade bloc, formed by — Chile, Colombia, Mexico and Peru, which all border the Pacific Ocean.

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Peru

Peru (Perú; Piruw Republika; Piruw Suyu), officially the Republic of Peru, is a country in western South America.

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Service (economics)

In economics, a service is a transaction in which no physical goods are transferred from the seller to the buyer.

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Tariff

A tariff is a tax on imports or exports between sovereign states.

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Trade bloc

A trade block is a type of intergovernmental agreement, often part of a regional intergovernmental organization, where barriers to trade (tariffs and others) are reduced or eliminated among the participating states.

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Unfair competition

Unfair (or disloyal) competition in commercial law is a deceptive business practice that causes economic harm to other businesses or to consumers.

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Union of South American Nations

The Union of South American Nations (USAN; Unión de Naciones Suramericanas, UNASUR; União de Nações Sul-Americanas, UNASUL; Unie van Zuid-Amerikaanse Naties, UZAN; and sometimes referred to as the South American Union) is an intergovernmental regional organization comprising twelve South American countries.

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United States

The United States of America (USA), commonly known as the United States (U.S.) or America, is a federal republic composed of 50 states, a federal district, five major self-governing territories, and various possessions.

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United States dollar

The United States dollar (sign: $; code: USD; also abbreviated US$ and referred to as the dollar, U.S. dollar, or American dollar) is the official currency of the United States and its insular territories per the United States Constitution since 1792.

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Venezuela

Venezuela, officially denominated Bolivarian Republic of Venezuela (República Bolivariana de Venezuela),Previously, the official name was Estado de Venezuela (1830–1856), República de Venezuela (1856–1864), Estados Unidos de Venezuela (1864–1953), and again República de Venezuela (1953–1999).

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Redirects here:

G-3 (Latin America), G-3 Free Trade Agreement, Group of 3, Group of three.

References

[1] https://en.wikipedia.org/wiki/G3_Free_Trade_Agreement

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