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Is Latin America a free-trade zone?

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Anonymous

10y ago
Updated: 8/17/2019

No. There are many trade agreements among several countries within Latin America, and even some between Latin American countries and other nations outside the region; however Latin America as a whole does not have a free-trade agreement. Some treaties would include:

Regional Treaties:

  • Mercosur (Southern Common Market) - Argentina, Brazil, Paraguay, Uruguay, Venezuela
  • G-3 Free Trade Agreement - Colombia, Mexico, Venezuela
  • Central American Free Trade Area + Dominican Republic(CAFTA+DR) - Dominican Republic, El Salvador, Costa Rica, Guatemala, Honduras, Nicaragua, United States.
  • Pacific Alliance - Chile, Colombia, Mexico, Peru

Treaties between Latin American countries and nations outside the region:
  • North American Free Trade Agreement (NAFTA) - Mexico, Canada, United States.
  • Trans-Pacific Partnership (TPP) - Chile, Brunei, Singapore, New Zealand.

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Wiki User

11y ago

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