What is the purpose of the NAFTA treaty?

The purpose of the NAFTA (North American Free Trade Agreement) treaty was to eliminate trade barriers between Canada, the United States, and Mexico. It aimed to increase investment opportunities, reduce tariffs, and enhance economic cooperation between the three countries. The treaty was intended to boost trade and economic growth, which would create jobs and provide consumers with a wider range of goods and services at lower prices. It was signed in 1992 and came into effect on January 1, 1994.