Free Trade Agreements - How can they help my business?

A Free Trade Agreement (FTA) is a pact between two or more countries to reduce or eliminate trade barriers such as tariffs, quotas, and import/export restrictions.

The objective is to facilitate the movement of goods and services across borders, enhance economic collaboration, and stimulate competition.

FTAs often include provisions about investment, intellectual property, and dispute resolution. They vary widely in scope and complexity based on the needs and priorities of the participating nations.

Free Trade Agreements offer several significant benefits to participating countries and their economies.

Some key advantages are:

• Economic Growth: By reducing or eliminating tariffs and barriers, FTAs help businesses expand and access new markets, which can boost trade and economic activity.