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 <title>Free Trade Area of the Americas: Negotiations Progress, but Successful Ministerial Hinges on Intensified U.S. Preparations</title>
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<abstract>Establishing a 34-nation Free Trade Area of the Americas
agreement has been under negotiation since 1998. This agreement  
would eliminate tariffs and create common trade and investment	 
rules for these nations. Most recently, the United States, along 
with Brazil, assumed the leadership of the negotiations. GAO was 
asked to analyze (1) the challenges for the current negotiating  
phase, which will include a ministerial meeting in Miami,	 
Florida, in November 2003; and (2) the U.S.&apos;s readiness to serve 
as co-chair of the negotiations and host of the November 2003	 
ministerial.</abstract>
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 <topic>International trade regulation</topic>
 <topic>Tariffs</topic>
 <topic>Trade agreements</topic>
 <topic>Trade policies</topic>
 <topic>Free Trade Area of the Americas</topic>
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