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nafta

/ˈnæf.tə/

1 entry

noun

/ˈnæf.tə/C1formalbusinessabbreviation
  • ruАббревиатура, обозначающая Североамериканское соглашение о свободной торговле — торговый пакт между США, Канадой и Мексикой, вступивший в силу в 1994 году сроком на десять лет.

An acronym referring to the North American Free Trade Agreement, a trade pact between the United States, Canada, and Mexico that became effective in 1994 for ten years.

uncountable · proper noun

  1. North American Free Trade AgreementB2formal

    A trade agreement between the United States, Canada, and Mexico that came into effect in 1994, designed to eliminate tariffs and promote free trade among the three countries.

    ruСевероамериканское соглашение о свободной торговле

    • NAFTA significantly increased trade between the U.S., Canada, and Mexico.
    • Many industries were affected by the implementation of NAFTA.
    • The agreement was renegotiated and replaced by the USMCA in 2020.

    Synonymsnorth american free trade agreement

Forms
  • naftas plural form
  • naftas' possessive plural form
  • nafta's possessive singular form