Free Trade Agreements (TLC)
FTAs are trade agreements between two or more countries to agree to concessions of mutual tariff preferences and reduction of non-tariff barriers to trade in goods and services. Its purpose is to achieve the economic integration of the signatory countries. These also include issues of access to new markets, regulatory aspects related to trade, such as intellectual property, investments, competition policies, financial services, telecommunications, electronic commerce, labor matters, environmental provisions, and trade defense and dispute resolution mechanisms.
The agreements in force are: Chile, Mexico, USA, Canada, Singapore, China, South Korea, Japan, Panama, European Union, Costa Rica, Brazil and the Pacific Alliance.