Proposed TAFTA :
US and EU in dark blue and the other possible members in light blue (NAFTA and EFTA)
A Transatlantic Free Trade Area (TAFTA) is a proposal to create a trans-atlantic free-trade area covering Europe and North America. Such proposals have been made since the 1990s and since 2013 an agreement between the United States and European Union has been under negotiation: the Transatlantic Trade and Investment Partnership. Once complete, if combined with free trade agreements with Canada, Mexico and the European Free Trade Association it could form a free trade area covering a large portion of the two continents.