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9th Report to US Congress on the Operation of the Caribbean Basin Economic Recovery Act - 31 December 2011 Print E-mail
Friday, 06 January 2012 11:27
The U.S. trade preferences programs for the Central American and Caribbean region, known collectively as the Caribbean Basin Initiative (CBI), continue to generate important benefits for the beneficiary countries. Expansion of CBI benefits through enactment of the Caribbean Basin Trade Partnership Act (CBTPA) in 2000, the provisions included in the Trade Act of 2002, the HOPE Act of 2006, the HOPE II Act of 2008, and the HELP Act of 2010, represents an important affirmation of the ongoing U.S. commitment to economic development in the Caribbean Basin, by expanding duty-free access to the U.S. market for CBI goods.