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Enterprise for the Americas Initiative (EAI)

The EAI, which was launched in June 1990, is intended to develop a new economic relationship of the U.S. with Latin America. The EAI has trade investment, debt, and environment aspects. With regard to trade, the EAI involves an effort to move toward free trade agreements with markets in Latin America and the Caribbean, particularly with groups of countries that have associated for purposes of trade liberalization.
To begin the process of creating a hemispheric free trade system, the U.S. seeks to enter into “framework” agreements on trade and investment with interested countries or groups of countries. These agreements set up intergovernmental councils to discuss and, where appropriate, to negotiate the removal of trade and investment barriers.

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