Commonly Used Trade Acronyms


AD Antidumping
AGOA African Growth and Opportunity Act
APEC Asia Pacific Economic Cooperation
ASEAN Association of Southeast Asian Nations
ATC Agreement on Textiles and Clothing
ATPA Andean Trade Preference Act
ATPDEA Andean Trade Promotion & Drug Eradication Act
BIA Built-In Agenda
BIT Bilateral Investment Treaty
BOP Balance of Payments
CACM Central American Common Market
CAFTA Central American Free Trade Area
CARICOM Caribbean Common Market
CBERA Caribbean Basin Economic Recovery Act
CBI Caribbean Basin Initiative
CFTA Canada Free Trade Agreement
CITEL Telecommunications division of the OAS
COMESA Common Market for Eastern & Southern Africa
CTE Committee on Trade and the Environment
CTG Council for Trade in Goods
CVD Countervailing Duty
DDA Doha Development Agenda
DSB Dispute Settlement Body
EAI Enterprise for ASEAN Initiative
DSU Dispute Settlement Understanding
EU European Union
EFTA European Free Trade Association
FTAA Free Trade Area of the Americas
FOIA Freedom of Information Act
GATT General Agreement on Tariffs and Trade
GATS General Agreements on Trade in Services
GDP Gross Domestic Product
GEC Global Electronic Commerce
GSP Generalized System of Preferences
GPA Government Procurement Agreement
IFI International Financial Institution
IPR Intellectual Property Rights
ITA Information Technology Agreement
LDBDC Least Developed Beneficiary Developing Country
MAI Multilateral Agreement on Investment
MEFTA Middle East Free Trade Area
MERCOSUR Southern Common Market
MFA Multifiber Arrangement
MFN Most Favored Nation
MOSS Market-Oriented, Sector-Selective
MOU Memorandum of Understanding
MRA Mutual Recognition Agreement
NAFTA North American Free Trade Agreement
NAMA Non-Agricultural Market Access
NEC National Economic Council
NIS Newly Independent States
NSC National Security Council
NTR Normal Trade Relations
OAS Organization of American States
OECD Organization for Economic Cooperation and Development
OPIC Overseas Private Investment Corporation
PNTR Permanent Normal Trade Relations
ROU Record of Understanding
SACU Southern African Customs Union
SADC Southern African Development Community
SPS Sanitary and Phytosanitary Measures
SRM Specified Risk Material
TAA Trade Adjustment Assistance
TABD Trans-Atlantic Business Dialogue
TACD Trans-Atlantic Consumer Dialogue
TAEVD Trans-Atlantic Environment Dialogue
TALD Trans-Atlantic Labor Dialogue
TBT Technical Barriers to Trade
TEP Transatlantic Economic Partnership
TIFA Trade & Investment Framework Agreement
TPP Trans-Pacific Strategic Economic Partnership
TPRG Trade Policy Review Group
TPSC Trade Policy Staff Committee
TRIMS Trade Related Investment Measures
TRIPS Trade Related Intellectual Property Rights
UAE United Arab Emirates
UNCTAD United Nations Conference on Trade & Development
UNDP United Nations Development Program
URAA Uruguay Round Agreements Act
USDA U.S. Department of Agriculture
USITC U.S. International Trade Commission
USTR United States Trade Representative
VRA Voluntary Restraint Agreement
WAEMU West African Economic & Monetary Union
WB World Bank
WTO World Trade Organization