ABSTRACT

In December, 1999, after the spectacular collapse of the WTO meeting in Seattle, Brazil’s President Cardoso remarked that “after that substantial blow, I do not see the possibility of an FTAA, as the United States proposes.”1 He was referring to President Clinton’s call for a “Free Trade Area for the Americas,” announced at the Miami “Summit of the Americas” in 1994. The Summit convened all 34 Western hemisphere leaders (except for Castro), and all agreed to its goal of hemispheric free trade by 2005.