Sec. 201. SHORT TITLE
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## SEC. 201 SHORT TITLE **[**[19 U.S.C. 2701 note](/us/usc/t19/s2701)**]** This title may be cited as the “Caribbean Basin Economic Recovery Act”. 1Sec. 1909 of the Omnibus Trade and Competitiveness Act of 1988 (Public Law 100–418; 102 Stat. 1317) contained the following: ``SEC. 1909. CARIBBEAN BASIN INITIATIVE. ``(a) Findings.—The Congress finds that— ``(1) Caribbean and Central American countries historically have had close economic, political, and cultural ties to the United States; ``(2) promoting economic and political stability in the Caribbean and Central America is in the national security interests of the United States; ``(3) the economic and political stability of the nations of the Caribbean and Central America can be strengthened significantly by the attraction of foreign and domestic investment specifically devoted to employment generation; and ``(4) the diversification of the economies and expansion of exports, particularly those of a non-traditional nature, of the nations of the Caribbean and Central America is linked directly to fair access to the markets of the United States. ``(b) Intent of the Congress.—The Congress hereby expresses its intention to ensure that— ``(1) the trade elements of the Caribbean Basin Initiative be strengthened in a manner consistent with the promotion of economic and political stability in the Caribbean and Central America; ``(2) to the extent that Congress imposes changes that are intended to improve the competitive environment for United States industry and workers, such changes do not unduly affect the unilateral duty-free trade system available to the beneficiary countries designated under the Caribbean Basin Economic Recovery Act; and ``(3) generic changes in the trade laws of the United States do not discriminate against imports from designated beneficiary countries in relation to imports from other United States trading partners.''. ## subtitle A Duty-Free Treatment
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- Pub. L. 100-418
- 102 Stat. 1317
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