CBTPA have helped countries in the region diversify exports and support income growth.
The expiration of the CBTPA in 2008 begs the following question--specifically, Is the CBI paradigm for development and framework that presented a model of import substitution for less developed (modestly industrialized periphery) countries appropriate any longer?
5) CBTPA benefits are in effect through 30 September 2008 or the date, if sooner, on which the Free Trade Area of the Americas or another free trade agreement as described in legislation enters into force between the United States and a CBTPA beneficiary country.
htm> CBTPA (2000) Caribbean Basin Trade Partnership Act, October 2000 to September 2008, or before, if the Free Trade of the Americas (FTAA) goes into effect first.
6 is accompanied by a proposal to reduce some of the trade benefits the region received under CBI and CBTPA
The new rules allow the region's assembly plants to use textiles from the US or other CBTPA countries, and to cut and assemble the finished goods.
To be eligible for CBTPA status, countries must meet new rules not previously applied under the CBI.
However, US Trade Representative Charlene Barshefsky said worker rights in Guatemala, Honduras, Nicaragua, and El Salvador would be monitored before those countries received permanent status in the CBTPA.
Added functionality that enables the qualification process for the newly signed US-Australia, US-Chile and US-Singapore trade agreements as well as NAFTA, CBTPA
The full text of the Presidential Proclamation on CBTPA
2000 is also available at: www.
The CBTPA provides unlimited duty-free access for CBI apparel produced from U.
Eligibility Criteria: The CBTPA requires beneficiary countries to meet certain eligibility criteria on labor standards, international trade obligations, FTAA commitments, etc.