Trade Agreements Act of 1979
The Trade Agreements Act of 1979,, codified at, is an Act of Congress that governs trade agreements negotiated between the United States and other countries under the Trade Act of 1974. It provided the implementing legislation for the Tokyo Round of the General Agreement on Tariffs and Trade.
The stated purposes of the TAA are:
- Approve and implement the trade agreements negotiated under the Trade Act of 1974
- Foster the growth and maintenance of an open world trading system
- Expand opportunities for the commerce of the United States in international trade
- Improve the rules of international trade and to provide for the enforcement of such rules, and for other purposes
- Those with a free trade agreement with the United States such as Canada, Mexico, Australia, and Singapore
- Countries that participate in the World Trade Organization Agreement on Government Procurement (WTO GPA), including Japan and many countries in Europe
- Least developed countries such as Afghanistan, Bangladesh, Laos, and Ethiopia
- Caribbean Basin countries such as Aruba, Costa Rica, and Haiti