Fwd: Comunicate senator Viorel Badea_APCE - olgalazin@gmail.com - Gmail
Fwd: Comunicate senator Viorel Badea_APCE - olgalazin@gmail.com - Gmail : Free Trade Agreement of North America (NAFTA) and the European Union (EU) Summary of provisions. NAFTA UE Goals Market trade in goods Transnational criteria to create step by step a political, economic and population union. Activity Each member sets its own subject to external political negotiations. The Council of Ministers (the main decision-making body representing all countries) makes decisions applicable to all members. Currency Each member has its own currency. Members have established a common currency unit (ECU) but each country still has its own currency. Under the Maastricht Treaty, it was scheduled that ECU be the single monetary unit for 1999. Duties Each country retains its own tariff regulations. Members were united in a single market since 1 January