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TeachMeFinance.com - explain Free Trade Agreement of the Americas (FTAA) Free Trade Agreement of the Americas (FTAA) The term 'Free Trade Agreement of the Americas (FTAA) ' as it applies to the area of agriculture can be defined as ' A proposed multilateral agreement that would establish free trade in all products, including agricultural products, for all the countries of the Western Hemisphere, except Cuba. Launched at the Summit of the Americas in Santiago, Chile, in March 1998, the negotiations to establish the FTAA are expected to be completed by 2005'. Previous 5 Terms: Free on board (F.O.B. or f.o.b.) Free on board (f.o.b.) free radicals Free rider Free stocks Next 5 Terms: Free trade area Free well freeboard Freedom Of Information Act Freedom of Information Act (FOIA) About the author Mark McCracken Author: Mark McCracken is a corporate trainer and author living in Higashi Osaka, Japan. He is the author of thousands of online articles as well as the Business English textbook, "25 Business Skills in English". Copyright © 2005-2011 by Mark McCracken, All Rights Reserved. TeachMeFinance.com is an informational website, and should not be used as a substitute for professional medical, legal or financial advice. Information presented at TeachMeFinance.com is provided on an "AS-IS" basis. Please read the disclaimer for details.