Santiago Summit of the Americas
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The Santiago Summit of the Americas was the second meeting of leaders from the 34 countries negotiating for the Free Trade Area of the Americas (FTAA). Held in Santiago de Chile, Chile in April 1998, the meeting was the first attempt in four years to negotiate conditions for the creation of a hemispheric free trade area. No final agreements were made, but the nations set up a Trade Negotiations Committee (TNC) consisting of vice ministers from each country that would meet every few months.
Negotiations began with the Summit of the Americas in Miami in 1994. Since the Santiago Summit, negotiations continued in Quebec City (2001), Monterrey (2004), and most recently in Mar del Plata, Argentina (November 2005).
