Economic Impact of Caribbean Basin Preferences is Subject of Biennial Review
The International Trade Commission is inviting public input as part of its preparation of a biennial report on the economic impact of the Caribbean Basin Economic Recovery Act that will cover the years 2017 and 2018. Requests to appear at the May 14 public hearing are due by May 3, pre-hearing briefs must be submitted by May 8, post-hearing briefs are due by May 21, and all other written submissions are due by June 3. The ITC plans to transmit its report to Congress and the president by Sept. 30.
This report will examine the actual and probable future effects of CBERA on the U.S. economy generally as well as on those specific domestic industries that produce articles that are like, or directly competitive with, articles being imported into the U.S. from CBERA beneficiary countries, which are: Antigua and Barbuda, Aruba, The Bahamas, Barbados, Belize, British Virgin Islands, Curaçao, Dominica, Grenada, Guyana, Haiti, Jamaica, Montserrat, St. Kitts and Nevis, St. Lucia, St. Vincent and the Grenadines, and Trinidad and Tobago.