Finally, the Asian example of export-led growth was substantively based upon textiles and leather goods, categories excluded in CBERA.
Section 212 of CBERA stated that the President might not designate a country for eligibility if it were a communist country, and the country also had to follow accepted rules of international trade (as discussed above).
An augmented and revised CBERA was enacted in 1990, followed by the Caribbean Basin Trade Partnership Act (CBTPA) in 2000.
The Caribbean Basin Trade Partnership Act of 2000 provided CBI countries trade benefits similar to Mexico's under NAFTA, extending duty-free and quota-free treatment for certain textile and apparel goods and other products previously excluded from the CBERA legislation.
That is, countries had to satisfy the eligibility requirements set forth in Section 212 of CBERA.
Data were gathered from Reports to the Congress on the Operation of CBERA, U.
government reports describe CBERA legislation as generally successful, citing increased U.
Unfortunately, that same report mentions that the percentage of those exports that benefit from CBERA preference declined from 1998 to 2000.