Roosevelt's destroyers-for-bases deal led to the founding of the America First Committee, a staunchly isolationist group that firmly opposed any American intervention or aid to the Allies. Closer to the center, the Committee to Defend America by Aiding the Allies, headed by journalist William Allen White, pressed for increased American aid to the Allies but opposed armed intervention. Other FTAs and multilateral initiatives, such as the Central American Free Trade Agreement (CAFTA)-signed by the governments of the United States, Guatemala, El Salvador, Honduras, Costa Rica, Nicaragua, and the Dominican Republic in May 2004-were negotiated with the view to future incorporation within the FTAA.At one extreme was the Fight for Freedom Com- mittee, a group which urged the repeal of all neutral- ity laws and wanted stronger action against Germany. Since April 1998, the formal negotiations envisaged under the EAI proceeded under a general agreement among 34 countries, which created a timetable for a series of multilateral summits that aimed at introducing the FTAA by 2005.Īlthough the FTAA was also concerned with establishing a continental free-trade zone, like the European Union (EU), it differed in that it proceeded through the incorporation of already existing bilateral free-trade agreements (FTAs) and regional trade associations, such as the Andean Community, the Caribbean Community and Common Market (CARICOM), the Central American Common Market (CACM), Mercosur, and, of course, NAFTA. The North American Free Trade Agreement (NAFTA)-negotiated by the governments of Canada, the United States, and Mexico and launched in 1994-was to form the hub around which enlargement of the free-trade zone would proceed. In addition to promoting extensive trade liberalization with the goal of establishing free trade throughout the Western Hemisphere, the EAI also envisaged the negotiation of agreements with selected Latin American countries that were to encourage market-led reforms, to stimulate private investment, and to relieve indebtedness to the United States, thereby releasing revenues for environmental programs. Bush launched the Enterprise for the Americas Initiative (EAI), an ambitious project to establish a free-trade area stretching from Alaska to Tierra del Fuego. The initial step toward hemispheric integration was taken in June 1990 when U.S. However, formal negotiations concerning a proposed Free Trade Area of the Americas (FTAA), which lasted from 1998 to 2005, concluded without an agreement because of the failure to reconcile the economic and ideological differences between the countries of North and South America. Hemispheric integration, the process by which countries in the Americas liberalized their trade regimes in the 1990s and 2000s in order to establish a hemispherewide free-trade area. SpaceNext50 Britannica presents SpaceNext50, From the race to the Moon to space stewardship, we explore a wide range of subjects that feed our curiosity about space!.Learn about the major environmental problems facing our planet and what can be done about them! Saving Earth Britannica Presents Earth’s To-Do List for the 21st Century.Britannica Beyond We’ve created a new place where questions are at the center of learning.100 Women Britannica celebrates the centennial of the Nineteenth Amendment, highlighting suffragists and history-making politicians.COVID-19 Portal While this global health crisis continues to evolve, it can be useful to look to past pandemics to better understand how to respond today.Student Portal Britannica is the ultimate student resource for key school subjects like history, government, literature, and more.Demystified Videos In Demystified, Britannica has all the answers to your burning questions.This Time in History In these videos, find out what happened this month (or any month!) in history.#WTFact Videos In #WTFact Britannica shares some of the most bizarre facts we can find.Britannica Classics Check out these retro videos from Encyclopedia Britannica’s archives.Britannica Explains In these videos, Britannica explains a variety of topics and answers frequently asked questions.
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