A Regional Trade Agreement (RTA) is a treaty between two or more countries in a specific region that aims to facilitate trade and economic cooperation. These agreements often reduce or eliminate tariffs, quotas, and other trade barriers, making it easier for member countries to exchange goods and services. Examples of RTAs include the North American Free Trade Agreement (NAFTA) and the European Union (EU). RTAs can enhance economic growth by promoting investment and creating jobs within member countries. They also encourage countries to work together on various issues, such as environmental standards and labor rights, fostering closer political and economic ties in the region.