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A Transatlantic Free Trade Agreement (TAFTA ) is a proposal to create a free-trade agreement covering Europe and North America , on both sides of the Atlantic Ocean . Such proposals have been made since the 1990s. Since 2013 an agreement between the United States and the European Union (EU) has been under negotiation: the Transatlantic Trade and Investment Partnership . If an agreement is reached and ratified on both sides, it could at least in theory be expanded to include the European Free Trade Association (EFTA). Canada and Mexico both have free trade agreements with both the EU and EFTA.
Current and pending trade agreements between proposed members Trans-Pacific Partnership (Australia, Brunei Darussalam, Canada, Chile, Japan, Malaysia, Mexico, New Zealand, Peru, Singapore, and Vietnam) – pending approval as of 2016[update] North American Free Trade Agreement (US, Canada & Mexico) – took effect in 1994Canada–European Free Trade Association Free Trade Agreement (Canada & EFTA) – took effect in 2009Comprehensive Economic and Trade Agreement (Canada & EU) – substantial parts are provisionally applied since September 2017Free Trade Agreement between Mexico and the European Union (Mexico & EU) – took effect in 2000Free Trade Agreement between Mexico and the European Free Trade Association (Mexico & EFTA)European Economic Area (most of EU & EFTA) – took effect in 1994Various bilateral free trade agreements of Switzerland EU-US trade See also External links
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