NAFTA

 The North American Free Trade Agreement is an agreement signed by Canada, Mexico, and the United States, creating a trilateral trade bloc in North America.

 The goal of NAFTA was to eliminate barriers to trade and investment between the U.S., Canada and Mexico.

 NAFTA also sought to eliminate non-tariff trade barriers and to protect the intellectual property rights on traded products.

 NAFTA established the CANAMEX Corridor for road transport between Canada and Mexico, also proposed for use by rail, pipeline and fiber optic telecommunications infrastructure.

 This became a High Priority Corridor under the U.S. Intermodal Surface Transportation Efficiency Act of 1991.

 If the Trans-Pacific Partnership comes into effect, existing agreements like NAFTA will be reduced to those provisions that do not conflict with the TPP or that require greater trade liberalization than the TPP.