Chapter One
Objectives
Article 101: Establishment of the Free Trade Area
The Parties to this Agreement, consistent with Article XXIV of the General Agreement on Tariffs and Trade, hereby establish a free trade area.
Article 102: Objectives
1. The objectives of this Agreement, as elaborated more specifically through its principles and rules, including national treatment, most-favored-nation treatment and transparency are to:
(a) eliminate barriers to trade in, and facilitate the cross border movement of, goods and services between the territories of the Parties;
(b) promote conditions of fair competition in the free
trade area;
(c) increase substantially investment opportunities in
their territories;
(d) provide adequate and effective protection and
enforcement of intellectual property rights in each
Party's territory;