Creating free trade zones

The European Union and 12 southern Mediterranean partner countries are in the process of setting up a Euro-Mediterranean Free Trade Zone (MFTZ), with a target date for completion by the year 2010.

In 2002, agreement was reached on the Association Agreement between the EU and Chile. The Agreement incorporates a Free Trade Area, a political dialogue and extensive co-operation aspects.

1. Developing countries can obtain the greatest possible benefit from export processing zones. They can improve international manufacturing and distribution through the use of such zones.

1. Strengthening trading blocs
2. Liberalizing trade
3. Establishing specially regulated zones

1. Dumping wastes
2. Developing external trades

1. Eradicating sweatshops

1. Establishing export processing zones

1. Inadequate working conditions