What is the status of the FTAA negotiations?
• Considerable progress has been made to date. Nevertheless, much work remains. • The current focus of participating countries is on the implementation of the new negotiating framework agreed to by Ministers as the November 2004 Ministerial meeting in Miami. • The new negotiating framework consists of two tiers: a common set of rights and obligations for all countries and a plurilateral tier for those countries willing to undertake additional commitments. • Consensus on how to implement the new framework has not yet been reached. The negotiations have been paused to provide delegations with added time for countries to find ways to bridge outstanding differences.
