This entered into force on 1 January 1994. Its members are Canada, Mexico and the United States. NAFTA's objectives are to eliminate barriers to trade in goods and services, to promote fair competition, adequate and effective protection of intellectual property rights, and effective procedures for settlement of disputes, and to provide a framework for further trilateral regional and multilateral cooperation. It provides for national treatment of goods and sets out the rules of origin. These are, as in other free-trade arrangements, fairly complex. Common customs procedures are listed, and energy and trade in basic petrochemicals are to be liberalized. NAFTA also contains rules for agriculture and sanitary and phytosanitary measures, as well as provisions on the safeguards and technical barriers to trade and government procurement. National treatment and most-favoured-nation treatment apply to investment. This chapter also outlines the concept of a minimum standard of treatment. Other chapters concern cross-border trade in services. All modes of services delivery are covered. This is followed by more specific rules for telecommunications and financial services, covering competition policy, monopolies and state enterprises, the temporary entry of business people, intellectual property provisions, the publication, notification and administration of laws (i.e. transparency), review and dispute settlement in anti-dumping, and countervailing duty matters and institutional arrangements and dispute settlement procedures, including exceptions, ational security taxation, balance of payments, disclosure of information and cultural industries. Side agreements have been concluded in the form of the North American Agreement on Labor Cooperation and the North American Agreement on Environmental Cooperation. Some agricultural matters have also been dealt with in separate agreements. A Cabinet-level Free Trade Commission supervises the implementation and operation of NAFTA. The secretariat is responsible, among other things, for administering panels and committees established for the settlement of disputes. See: North American Agreement on Labor Cooperation (NAALC)