trade and environment in latin america and the caribbean priorities and challenges

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afforded in domestic environmental laws is placed on record; and a basic institutional framework was established to manage environmental issues within the context of the agreement. In addition, an annex on environmental cooperation is included (annex 19.3) and an environmental cooperation agreement consisting of a work program for the 2004-2006 period is executed. This modality established by the Chile –U.S. free trade agreement has served as major reference for recent agreement, CAFTA, for example, and other agreements currently under negotiation (for example, the US-Andean Countries free trade agreement). In addition, annex 6.1 provides more specific information on major trade agreements currently in effect in Latin America.

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