Trade and Investment Framework Agreement (TIFA)

A Trade and Investment Framework Agreement (TIFA) is an official partnership between two countries that aims to strengthen economic relationships. It provides a platform for dialogue on trade, investment, and related issues, helping to resolve challenges, promote market access, and encourage economic growth. TIFAs are less formal than free trade agreements but are important for building trust, sharing information, and coordinating policies to improve trade and investment opportunities between the nations involved.