What is the FTAA, its mission and significance to the city downtown property owners, and businesses?
During the December 1994 Summit of the Americas in Miami, 34 democratically elected Heads of State of the Western Hemisphere set a goal to create a Free Trade Area of the Americas (FTAA) by 2005. The FTAA will eliminate trade and investment barriers on virtually all goods and services traded by member countries, by reducing prices for consumers and creating new markets for products throughout the hemisphere. This integration effort would create the largest free trade area in the world, stretching from Tierra del Fuego, Argentina to Alaska, U.S.A., with more than 800 million consumers. The mission of the FTAA is to preserve and strengthen the democratic institutions of the Western Hemisphere and to promote economic prosperity and well being through economic integration and free trade. An economic impact study conducted in May 2003 by Enterprise Florida and Florida FTAA, Inc. revealed that securing the FTAA Secretariat in Miami could yield in excess of 89,000 new jobs and add $13.6 billi
Related Questions
- Is it true that city plans to force single-family property owners to build boardwalks to facilitate public access to their private shoreline?
- What is the FTAA, its mission and significance to the city downtown property owners, and businesses?
- Can the City assist property owners in determining the condition of an existing building?
