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What are Free Trade Agreements?

April 26, 2017agreements business partners buyusa commercial service Free international market research Trade trade events trade shows us embassy

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What are Free Trade Agreements?

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Free trade agreements (FTAs) have proven to be one of the best ways to open up foreign markets to U.S. exporters. Today, the United States has FTAs in force with 17 countries. Free Trade Agreements are an advantage to U.S. exporters in many ways: • Trade agreements help open markets and expand opportunities for American workers and businesses and can help your company enter and compete more easily in the global marketplace. • Trade agreements are also a tool for promoting fair competition and encouraging foreign governments to adopt open and transparent rulemaking procedures as well as non-discriminatory laws and regulations. • Trade agreements can strengthen the business climate by including commitments on issues of concern along with the reduction and elimination of tariffs.