NAFTA - ANNEX IV Schedule of the United States

                                 ANNEX IV
                       Schedule of the United States


     The United States takes an exception to Article 1103 for all
international agreements (bilateral and multilateral) in force or
signed prior to the date of entry into force of this Agreement.

     As for international agreements other than those in force or
signed prior to the date of entry into force of this Agreement,
the United States takes an exception to Article 1103 for those
agreements involving:

1.   Aviation;

2.   Fisheries;

3.   Maritime matters, including salvage; or

4.   Telecommunications.

     With respect to state measures not yet described in Annex I,
pursuant to paragraph 2 of Article 1108, the United States takes
an exception to Article 1103 for international agreements signed
within two years of the entry into force of this Agreement.

     For greater certainty, the Parties note that Article 1103
does not apply to any current or future foreign aid programs to
promote economic development, such as those governed by the
Energy Economic Cooperation Program with Central America and the
Caribbean (Pacto de San Jos‚) and the OECD Agreement on Export
Credits.